This note presents four common core processes and analyzes the probability distribution used to predict the results of each. The note also shows how to use Excel functions to calculate the probabilities of the four resulting probability distributions: binomial, normal, Poisson and exponential.
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by Sherwood C. Frey, Phillip E. Pfeifer Source: Darden School of Business 19 pages. Publication Date: Feb 03, 2006. Prod. #: UV0705-PDF-ENG