Describe how to convert a random sample U1, , Un from the uniform distribution on the interval 0, 1 to a random sample of size n from the uniform distribution on the interval a, b ...

Describe how to convert a random sample U1, . . . , Un from the uniform distribution

Question:

Describe how to convert a random sample U1, . . . , Un from the uniform on the interval [0, 1] to a random sample of size n from the uniform on the interval [a, b].
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...