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Write a minimum of 250 words for each of the discussion questions below: Select a discrete probability distribution and present a real-life application of that distribution

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Write a minimum of 250 words for each of the discussion questions below:

1. Select a discrete probability distribution and present a real-life application of that distribution. Interpret the expected value and the standard deviation of your selected distribution within the context of the real-life example that you have selected, and describe how these values can be used by enterprise decision-makers.
2. Select a continuous probability distribution and present a real-life application of that distribution. Interpret the expected value and the standard deviation of your selected distribution within the context of the real-life example that you have selected, and describe how these values can be used by enterprise decision-makers.