Discuss role of probability in practical business operations


Discussion Post: Business Data- Probability Distributions

Addresses the following module outcome:

o Apply probability distributions to evaluate data and make business decisions.

Many business decisions are impacted by probability because few things in life are certain.

For this discussion, research articles, either popular or academic, that discuss the role of probability in practical business operations. Summarize the article and discuss how the concepts in the article might apply to your current or future business tasks.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Operation Management: Discuss role of probability in practical business operations
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