Question

Apply the inverse transformation method as indicated next to generate three random observations from the uniform distribution between –10 and 40 by using the following uniform random numbers: 0.0965, 0.5692, 0.6658.
(a) Apply this method graphically.
(b) Apply this method algebraically.
(c) Write the equation that Excel would use to generate each such random observation.


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  • CreatedSeptember 22, 2015
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