As a manager of an organization, what statistics from this module would you use and why if you wanted to estimate your annual employee turnover? In your post, be sure to specifically identify the statistical formulas and what additional data you would need to determine your estimate(s). Be sure to also explain why the probability distribution applies.
Choose a probability distribution from this week:
Binomial (Section 5.4)
Poisson (Section 5.5)
Hypergeometric (Section 5.6)
Uniform (Section 6.1)
Normal (Section 6.2)
Exponential (Section 6.4)
The distributions in Chapter 5 are discrete and those on Chapter 6 are continuous.
This is for a discussion board not an essay. So it can be very short and to the point.