C04 · Lesson 3 of 22 · 16 min · 6 hands-on tasks
Probability Distributions for Business
How many quotes will turn into sales this week? How many emergency call-outs tomorrow? How deep will the next borehole need to be? Meet the three shapes randomness takes most often in business (binomial, Poisson and normal) and use them to set a sales target, staff a winter rota and write a safe fixed-price quote.
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