2. 8.60 Use the RAND()*100 spreadsheet function to generate 100 values from a uniform distribution with the

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2. 8.60 Use the RAND()*100 spreadsheet function to generate 100 values from a uniform distribution with the range of 0 to 100. Then use other spreadsheet functions to calculate

(a) the average and compare the sample value to 50, and

(b) the standard deviation and compare the sample value to 28.87. These two values are correct for a continuous uniform distribution with limits of 0 and 100.

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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