Question: Frank is building a simulation model that includes a normally distributed random variable with a mean off 100 and standard deviation of 15 . Data

Frank is building a simulation model that includes a normally distributed random variable with a mean off 100 and standard deviation of 15 . Data on the random variable is shown below. Marc's Excel model uses a rand0 function to generate [01] number. He then converts to a normal RV using Norminv0 function. rates 9 what is the approximate value of the normal rv? 2. What is the approx. probability that random number generated is greater than 100 ? 3. Approx. what proportion of the random numbers generated will be berween 100 and 120 ? 4. Approx. what proportion of the numbers generated will be greater than 80

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