Let ui U(0, 1). Compute 12i=1 ui 6, 1000 times. (This will use 12,000 random

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Let ui ∼ U(0, 1). Compute Σ12i=1 ui − 6, 1000 times. (This will use 12,000 random numbers.) Construct a histogram and compare it to a theoretical standard normal density. What are the mean and standard deviation? (This is a way to compute a random approximately normally distributed variable.)
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Derivatives Markets

ISBN: 978-0321543080

4th edition

Authors: Rober L. Macdonald

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