Author: Qualitywalagyan
Top 10 brands of gaming desktop under 2 lac price with features A gaming desktop is a specialized computer designed…
What is A3 Problem solving? Definition & application What is a3 problem solving Origin and evolution of A3 problem solving…
What is binomial distribution? Definition & application Introduction to binomial distribution Definition and characteristics of binomial distribution Explanation of the…
What is poisson distribution? Meaning & application Introduction to the Poisson distribution Definition and characteristics of the Poisson distribution Probability…
The normal distribution helps in risk management by estimating the probability of extreme events. It aids in setting inventory levels, determining service level targets, and optimizing production processes. Businesses also rely on the normal distribution for quality control, setting performance benchmarks, and analyzing employee performance.