Discussion post

Discussion post

As a manager of an organization, how and why could you use discrete random variables, expected value, or poisson probability distribution statistics if you wanted to estimate your annual employee turnover? Be sure to specifically identify the statistical formulas and what additional data you would need to determine your estimate(s). This is just an informal discussion, only need quantitative information in a couple of paragraphs. No headers or title page required.

Alos, please provide a simple example for each Binomial and Poisson distributions?