Run ten trials of random numbers using (1) the RAND() function and (2) the RANDBETWEEN() function with

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Run ten trials of random numbers using (1) the RAND() function and (2) the RANDBETWEEN() function with a minimum value of 0 and maximum value of 99.

Multiply the ten trials using the RAND() function by 100 in a new column next to the second random number. What can you say about the properties of these simulated numbers?

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Essentials Of Pricing Analytics

ISBN: 978-0367363239

1st Edition

Authors: Erik Haugom

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Question Posted: Jul 19, 2024 08:00 PM

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Run ten trials of random numbers using (1) the RAND() function and (2) the RANDBETWEEN() function with

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Essentials Of Pricing Analytics

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