The effect of the Excel formula =20*RAND()
A)is that twenty entries of a random variable with a mean of zero will be created.
B)is that twenty entries of a random variable with a mean of one will be created.
C)is that one entry of a random variable with a mean of twenty will be created.
D)is that one entry of a random variable with a mean of ten will be created.

Question

Quizplus · Accepted Answer

The Excel formula =20*RAND() generates a single random number between 0 and 1, multiplies it by 20, resulting in a single entry of a random variable that ranges between 0 and 20, thus having a mean of 10.

The Effect of the Excel Formula =20*RAND()