Excel's built-in functions,along with the RAND function,can be used to generate random numbers from many different types of probability distributions.
Correct Answer:
Verified
Q2: The "random" numbers generated by the RAND
Q4: The normal distribution is often used in
Q9: When we run simulation,the @Risk automatically keeps
Q11: A probability distribution is bounded if there
Q12: The triangular distribution is sometimes used in
Q14: A discrete distribution is useful for many
Q18: Sometimes it is convenient to treat a
Q22: A correlation matrix must always be symmetric,so
Q29: A correlation matrix must always have 1's
Q35: Analysts often plan a simulation so that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents