2. 2.1 Provide a practical example of the application of the Binomial probability distribution in business processes. 2.
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2. 2.1 Provide a practical example of the application of the Binomial probability distribution in business processes. 2.
2. 2.1 Provide a practical example of the application of the Binomial probability distribution in business processes. 2.2 Provide a practical example of the application of the Poisson probability distribution in business processes. (4) 2.3 Discuss the difference between the Binomial and the Poisson probability distributions. (2)
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