300 wordsProbability distributions are used in many aspects to answer questions

300 wordsProbability distributions are used in many aspects to answer questions about given events. For example a clothing store owner opens a new boutique and is working on a 3-day forecast of sales during the grand opening of the boutique. The owner determines that there is a 40% probability that customers will visit the store and make a purchase which means 60% will visit the store and not make a purchase. How do you determine the probability that customers will visit and make a purchase on 0 1 2 or 3 of the days? To solve problems such as this a probability distribution can help you identify the possible outcomes to make a conclusion. In this Discussion Board you will explore the concepts to help construct discrete and continuous probability distributions.