Reconsider the coin flipping game introduced in Sec. 20.1 and analyzed with simulation in Figs. 20.1, 20.2,
Question:
(a) Revise the spreadsheet model in Fig. 20.1 by using Excel’s VLOOKUP function instead of the IF function to generate each simulated flip of the coin. Then perform a simulation of one play of the game.
(b) Use this revised spreadsheet model to generate a data table with 14 replications like Fig. 20.2.
(c) Repeat part (c) with 1,000 replications (like Fig. 20.3).
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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