Question: Generate 20 Uniform random numbers using the Excel RAND() function. Transform each random number into (a) a Uniformly distributed Random variable between 15 and 35;
Generate 20 Uniform random numbers using the Excel RAND() function. Transform each random number into (a) a Uniformly distributed Random variable between 15 and 35; and (b) a Normally distributed Random Variable with a mean of 25.63 and a standard deviation of 5.34, using the Excel function NORM.S.INV. Please Provide functions used. (Fill in the green cells)
| Generated | Transformed | ||
| Random Variables | Uniform distribution between 15 and 35 | Normal distribution with mean of 25 and standard devaition of 4 | |
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