Explain real-life situation to normal distribution applied
Explain the real-life situation to which normal distribution could be applied. Describe why. How does the normal distribution vary from one which is not? Which aspects of the situation might be altered?
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Brandon Company completed an aging of its accounts receivable and came up with the estimated amount of $6,342. The credit sales for period are $85,000.
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Explain the real-life situation to which normal distribution could be applied. Describe why. How does the normal distribution vary from one which is not?
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