When is it appropriate to use the followind distributions?
a. 
Frequency: Historical; Probability: Historical 

b. 
Frequency: Future; Probability: Future 

c. 
Frequency: Future; Probability: Historical 

d. 
Frequency: Historical; Probability: Future 
The correct answer is option d.
Frequency: Historical; Probability: Future
Frequency distribution is plotted using historical data
Probability distribution is forward looking and is the plot of expected future data
Option a is incorrect because Probability distribution is not plotted using historical data
Option b is incorrect because Frequency distribution is not plotted using future data
Option c is incorrect because Frequency distribution is not plotted using future data and Probability distribution is not plotted using historical data
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