Use Excels Analysis ToolPak or R, both with a seed of 1, to simulate 120 random observations

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Use Excel’s Analysis ToolPak or R, both with a seed of 1, to simulate 120 random observations of a continuous uniform random variable over the interval [10, 75]. What are the mean, the standard deviation, and the range of the 120 observations? How many observations are greater than 65?

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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