BA 520 Quantitative Analysis Week 1 Assignment: Grantham University
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BA 520 Quantitative Analysis Week 1 Assignment 1
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1. Describe the rationale for utilizing probability concepts. Is there more than one type of probability? If so, describe the different types of probability. 2. Briefly discuss probability distributions. What is a normal distribution? Please provide a written example of how 'understanding distribution' can be an asset for any business project.
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BA 520 Quantitative Analysis Week 1 Assignment: Grantham University•BA 520 Quantitative Analysis Week 1 Assignment
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1. Describe the rationale for utilizing probability concepts. Is there more than one type of probability? If so, describe the different types of probability. 2. Briefly discuss probability distributions. What is a normal distribution? Please provide a written example of how 'understanding distribution' can be an asset for any business project.