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Short Answer Instructions: Answer the following questions using the Analytic Solver Platform Exce...

Short Answer

Instructions: Answer the following questions using the Analytic Solver Platform Excel add-in.
What function should be used for generating random numbers between 1 and 12 from a continuous uniform distribution?

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Answer #1

In analytic solver platform Excel add-in, for generating random numbers for a continuous uniform distribution with smallest number a and largest number b is given as follows:

=PsiUniform(a, b)

For generating random numbers between 1 and 12 from a continuous uniform distribution the function is as follows:

=PsiUniform(1, 12)

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