The normal distribution is the most useful distribution that has applications in business. Let us say that you are a business analyst at Costco and, as part of the inventory system, you want to establish the reorder point for a new item in the electronic department. Assuming the daily demand follows a normal distribution, discuss how you would approach this task. What data do you need to collect? And what measures do you need to find? $($please do not use AI and give some good sample$/$examples with your own understanding$)$