Question: What is a random number generator? Identify and explain the key statistical properties of a sequence of random numbers? Name four different types of random

What is a random number generator? Identify and explain the key statistical properties of a sequence of random numbers? Name four different types of random number distributions and explain the spread and shape of that distribution? How do you generate random numbers with decimals vs as integers in Excel? How do you calculate the probability of a specific value being generated from a random number distribution? How do you use random number generators to simulate real-world events? What are the advantages and disadvantages of using random number generators? What two tests are used to test for uniformity of sample data? When do you use one versus the other? What is Autocorrelation and why do we test for it? For the Poisson distribution: What is the relationship of the variance and mean of this distribution

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