Question: Apply the inverse transformation method as indicated next to generate

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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