Which of the following distributions is most appropriate for modeling the time until an event occurs, such as failure of a machine?
A) Binomial distribution
B) Poisson distribution
C) Exponential distribution
D) Geometric distribution
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
Which of the following distributions is most appropriate for modeling the time until an event occurs, such as failure of a machine?
A) Binomial distribution
B) Poisson distribution
C) Exponential distribution
D) Geometric distribution