Question: What happens if we do not have the xi data needed to construct probability distributions (densities)? Specifically, I would like for you to discuss the

What happens if we do not have the xi data needed to construct probability distributions (densities)? Specifically, I would like for you to discuss the following: Suppose that you are to function as a consultant to a company that wants to construct a shopping mall in an unfamiliar area. What are ideas and variables you should consider so as to generate a prob. distribution?

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