Probability Distribution for Estimating Employee Turnover

As a manager of an organization, what probability distribution would you use if you wanted to estimate or study an aspect of your employee turnovers? Explain why you would use it.  Identify the statistical formulas and what additional data you would need to determine your estimate(s). Some aspects of employee turnovers may be time employed, number of annual turnovers, time until the first turnover of the year, etc.

Do not forget to explain why your probability distribution applies.

Be sure to support your statements with logic answers