Excel's = RAND()function produces random numbers that are uniformly distributed between 0 and 1.The mean of this distribution is approximately
A)0.5000
B)0.2500
C)0.3333
D)0.2887

Question

Quizplus · Accepted Answer

The mean of a uniform distribution between a and b is (a+b)/2. In this case, a=0 and b=1, so the mean is (0+1)/2 = 0.5. Therefore, the answer is A) 0.5000.

Excel's = RAND()function Produces Random Numbers That Are Uniformly Distributed