A. Descriptive Statistics and Basic Probability Theory In your Session 3 Breakout Case, 1. What could be the story behind those statistical outliers you observed? How much is the nationwide sales volumWith & without the outliers? 2. Was it really correct to remove the outliers? Explain your answer briefly. 3. If you are to present this data to management, make it visual and tell a story. 4. If you randomly pick a customer from the original/complete data set (i.e., with outliers), what is the probability that the randomly picked customer will: a. Be an outlier? b. Be an outlier and Have sales of below 200,000 cases? c. Be an outlier or Have sales of below 200,000 cases? d. Have sales of 200,000-300,000 cases out of all outliers? B. Probability Distribution Models Give a possible business application for each of the following special probability distribution models, and show a particular range of values' probability computation. 1. Binomial 2. Poisson 3. Normal 4. Exponential