Most computer languages have a function that can be used to generate random numbers. In Microsofts Excel,
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Most computer languages have a function that can be used to generate random numbers. In Microsoft’s Excel, the RAND function can be used to generate random numbers between 0 and 1. If we let x denote the random number generated, then x is a continuous random variable with the probability density function:
a. Graph the probability density function.
b. What is the probability of generating a random number between 0.25 and 0.75?
c. What is the probability of generating a random number with a value less than or equal to 0.30?
d. What is the probability of generating a random number with a value greater than 0.60?
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Related Book For
Quantitative Methods For Business
ISBN: 148
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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