Question: (1) Using excel, generate 1000 values in a column, using the formula =-10 *LN (RAND ()) (a)Compute descriptive statistics about the data in that column
(1) Using excel, generate 1000 values in a column, using the formula =-10 *LN (RAND ()) (a)Compute descriptive statistics about the data in that column include the minimum value, the maximum value, the mean, the median and the standard deviation. (b)Tabulate the values into 10 BINS, each of width equal to 5, the first BIN beginning at 0, and the eleventh BIN for overflow (if any) (c)Does the histogram resemble any distribution with which you are familiar? If so what is the name
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