Your question is Financial Distributions in Modeling. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
Discuss your experience with statistical distributions used in financial and data modeling. Explain how you select distributions for returns, prices, losses, and other financial variables, including assumptions, parameter estimation, tail behavior, and model validation. Compare at least three relevant distributions and describe how an incorrect distributional assumption could affect risk estimates or business decisions.