Question: EXERCISES TO BE COMPLETED IN EXCEL OR PYTHON A. Calculate 1000 values of the random variable z, a standard normally distributed random number. Find the
EXERCISES TO BE COMPLETED IN EXCEL OR PYTHON
A. Calculate 1000 values of the random variable z, a standard normally distributed random number. Find the expected value range of z4 within two standard deviations. Does your range include the correct value? (Hint: What is the kurtosis of the normal distribution?)
B. Repeat A, but calibrating the normally distributed numbers so that the mean is zero and the standard deviation is 1. How does your result compare to A?
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