List Out the E-Commerce Initiatives That Are Considered Risky and Challenging

question 19

Essay

List out the E-commerce initiatives that are considered risky and challenging.

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Definitions:

Cumulative Probability

The probability that a random variable is less than or equal to a specific value, often visualized as the area under the probability distribution curve up to that point.

Interval of Random Numbers

A range within which any number has an equal chance of being selected in a random selection process.

Expected Demand

The forecasted quantity of products or services that consumers will purchase in a given period, based on historical data, market trends, and other influencing factors.

Weekly Demand Distribution

Analysis or data showing the variation in demand for a product or service during the week, aiding in resource planning and inventory management.