1. Discuss the applications of probability in operations and management. Include where decisions are made from probability and probability distribution in business.

2. Discuss which probability distribution are used in business. Include differences between the probability distributions.

Instructions:

• Include as much as possible of the following: discrete and continuous distributions both. Uniform, binomial, poisson, normal, hypergeometric/geometric, triangular.
• Response in total should be approximately 250 words in length.
• Response should be TYPED and NOT handwritten.