What Probability Distribution could you apply to this working scenario or one that I have not listed? Explain why you would use this particular probability distribution and how would you apply it.

1. How can a Simulation Model help with your work? For example, In the electrical industry a Simulation Model could be use to determine or used for etc 2. What Probability Distribution could you apply to this working scenario or one that I have not listed? Explain why you would use this particular probability distribution […]

As a manager of an organization: What probability distribution from this week would you use if you wanted to estimate your annual employee turnover?

As a manager of an organization, what probability distribution from this week would you use if you wanted to estimate your annual employee turnover? Explain why you would use it. Identify the statistical formulas specifically and what additional data you would need to determine your estimate(s). Explain why your probability distribution applies.

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