Describe privacy in business as much as you can. Please use your own word. DO NOT USE GOOGLE. 1-2 pages. Thanl you Solution In various Countries there are various federal legislations, the privacy is encouraged in the business through various legislations to reduce the concerns of the customers, so that business community can compete in the global environment. So for understanding the privacy in the business, we must understand that the Business needs the information from the customers so that they can manufacture or can render the service to the clients as per the needs of the clients. By collecting information from clients they business comes to know what the clients are looking out from the Companies. Once the information is extracted from the clients the business can share the same with some other parties which may severely hurt the Clients, hence to avoid that various privacy laws are enacted. To ensure that clients are not hurted the privacy of the clients are regulated, the privacy in the business is regulated through the means of government notifications and self regulations, the self regulations are self controlled while the government notifications are binded. The privacy can be regulated through the law of contract, wherein the agreement can be entered normally known as non disclosure agreement, which are entered which binds the parties and are not allowed to dislcose the each other information, these contarcts are flexible and the context can be changes as per the mutual agreement between the parties. Hence it can be concluded that Privacy is required in the business so that personal information is not shared and is not misused, and this privacy is achieved by entering agreements..

1. Describe properties of poisson experiment.
Solution
A Poisson experiment is a statistical experiment that has the following properties:
Note that the specified region could take many forms. For instance, it could be a length, an area,
a volume, a period of time, etc.