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Your task for this discussion is as follows: As a manager of an organization, what probability distribution from this week would you use if you
Your task for this discussion is as follows:
- As a manager of an organization, what probability distribution from this week would you use if you wanted to estimate your annual employee turnover?
- Explain why you would use it.
- Identify the statistical formulas specifically and what additional data you would need to determine your estimate(s).
- Explain why your probability distribution applies.
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