Which of the Following Probability Distributions Are Associated with Continuous

question 14

Essay

Which of the following probability distributions are associated with continuous outcomes?
a.Poisson
b.Binomial
c.Custom
d.Triangular

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Definitions:

Days Payable Outstanding

A financial metric that measures the average number of days a company takes to pay its invoices and bills to its suppliers and creditors.

Goats Grazing

The use of goats as a natural method to control underbrush and manage land, promoting ecological health.

Pricing

The process of determining the cost of a product or service to the consumer, taking into account factors such as production costs, market demand, and competitive pricing strategies.

Goods and Services

Goods and services encompass the tangible products and intangible offerings that fulfill the needs or wants of consumers, respectively.