Discussion Post: Probability Distribution Refresher
Write a minimum of 250 words for each of the discussion questions below:
• Select a discrete probability distribution and present a real-life application of that distribution. Interpret the expected value and the standard deviation of your selected distribution within the context of the real-life example that you have selected, and describe how these values can be used by enterprise decision-makers.
• Select a continuous probability distribution and present a real-life application of that distribution. Interpret the expected value and the standard deviation of your selected distribution within the context of the real-life example that you have selected, and describe how these values can be used by enterprise decision-makers.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.