A classic question of logic is: Which came first, the chicken or the egg? We might adapt that question for exploring the various probability distributions. Many things we analyze can be best understood as manifestations in the world of the probabilities these distributions describe. Knowing the appropriate descriptive distribution allows us to make predictions about what has happened, or will happen, in the world.

Discuss how you would explain to a manager why, when, and how you would make use of these distributions in order to solve a problem or address an opportunity. What would you need to start, and what you have after your analysis?