Use the RAND function and the Copy command to generate a set of 100 random numbers. a.

Question:

Use the RAND function and the Copy command to generate a set of 100 random numbers.

a. What fraction of the random numbers are smaller than 0.5?

b. What fraction of the time is a random number less than 0.5 followed by a random number greater than 0.5?

c. What fraction of the random numbers are larger than 0.8?

d. Freeze these random numbers. However, instead of pasting them over the original random numbers, paste them onto a new range. Then press the F9 recalculate key. The original random numbers should change, but the pasted copy should remain the same.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

See More Books

Question Posted: Oct 22, 2024 07:01 AM

See More Questions

Use the RAND function and the Copy command to generate a set of 100 random numbers. a. What fraction of the random numbers are smaller than 0.5? b. What fraction of the time is a random number less...
Aoslia is a small country that takes the world price of corn as given. Its domestic supply and demand for corn are given by the following: a. Assume initially that Aoslia does not open to trade. What...
Conduct research (online and by talking with people) about pawnshops, payday loans, check-cashing outlets, rent-to-own purchases, and car title loans. What actions might a person take to avoid these...
Consider a vein of medium width (50 ft, 15.2 m) that dips 65? and is mined by vertical crater retreat (VCR), as shown in the sketch for the previous problem. Level interval is 150 ft (45.7 m). Layout...
Use the RAND function and the Copy command to generate a set of 100 random numbers. a. What fraction of the random numbers are smaller than 0.5? b. What fraction of the time is a random number less...
Smith Paper, Co., produces the paper used by wallpaper manufacturers. Smiths four-stage process includes mixing, cooking, rolling, and cutting. During September, the Mixing Department started and...
Apply Euler's method twice to approximate the solution to the initial value problem on the interval [0,21], first with step size h=0.25, then with step size h=0.1. Compare the three-decimal-place...
Based on Balson et al. (1992). An electric utility company is trying to decide whether to replace its PCB transformer in a generating station with a new and safer transformer. To evaluate this...
Use Excels functions (not @RISK) to generate 1000 random numbers from a normal distribution with mean 100 and standard deviation
6. Assume that both the supply of bottled water and the demand for bottled water rise during the summer but that supply increases more rapidly than demand. What can you conclude about the directions...
Jones Group Inc. is the parent company of Midwest Pipeline Inc., a mature, stable natural gas transmission pipeline company in the United States. In 1998, Jones Group established DCom Crop., a 100...
Create a Queue called WaitingList. Add your class members to the waiting list. Print the first two members of the Queue in C# . ( 1 5 marks )
You have just leased a car that has monthly payments of $365 for the next 4 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments...
On October 1, 2021, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development. The...
2. What should be the past performance rating for Modular Warehousing? (5 Points) Unacceptable. The less than "satisfactory" ratings for their CPARS assessments and the interview comments result in a...
Calculate the hfg and sfg of steam at 120C from the Clapeyron equation, and compare them to the tabulated values.
Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...

Use the RAND function and the Copy command to generate a set of 100 random numbers. a.

Question:

Step by Step Answer:

Practical Management Science, Revised

Students also viewed these Business questions