Which of the following statements is true?
A)Zero should not be used as a seed value.
B)Using the same seed value for simulation of different options does not reduce the amount of work necessary to achieve the desired statistical precision.
C)Using the same seed value will produce the same set of random numbers in exactly the same order.
D)The RAND() function accepts a seed value as an input parameter.

Question

Quizplus · Accepted Answer

Using the same seed value will produce the same set of random numbers in exactly the same order. This is a characteristic of many random number generators, including the RAND() function, and can be useful for replicating simulation results. However, it is important to note that using a different seed value will produce a completely different set of random numbers.

Which of the Following Statements Is True