Customers arrive at a department store, randomly and independently. (a) What is an appropriate distribution for modeling

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Customers arrive at a department store, randomly and independently.
(a) What is an appropriate distribution for modeling the number of customers that arrive in a 2-hour period?
(b) Under what situations might the stated assumptions not hold?
(c) What information would you need to collect to estimate the probability distribution?
(d)
Suppose that a new location is being contemplated for the store. Explain how you would estimate the probability distribution.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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