Normal Distribution

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ybyb82

Business Finance

Description

The normal distribution is a family of distributions that is often used to model operational processes. Based on your readings for this module, give one example, different from those supplied in the overview, of how the normal distribution can be used in an operations or production environment. This example may be from your own experience. Be sure to explain how the normal distribution is used in the example you provide.

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Explanation & Answer

Attached.

Normal Distribution
Thesis statement: Normal distribution can be used in many areas such as the operations or
production environment.
1. Introduction
2. Example of how normal distribution was used in my own experience
3. Conclusion


Running head: NORMAL DISTRIBUTION

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Normal Distribution
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NORMAL DISTRIBUTION

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Introduction
Normal distribution is the arrangement of information or data set where most of the
values gather in the center of a range and the rest of the data decreases symmetrically towards
either of the extremes. The graphical representation of normal distribution is usually a flared
shape and that’s why it is referred to as a bell curve (Meeker, Hahn and Escobar, 2017). Since
normal distribution is a probability distribution, most of the values are usually symmetrically
fashioned and the result is usually around the probability’s mean whi...


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