Consider the historical data contained in the Excel File Sales Data 1 on this website. Use ASPE

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Consider the historical data contained in the Excel File
“Sales Data 1” on this website. Use ASPE to fit continuous distributions to these data.
(a) Which distribution provides the closest fit to the data? What are the parameters of the distribution?
(b)
Which distribution provides the second-closest fit to the data? What are the parameters of the distribution?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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