You’ll find that the resulting outcome is a continuous figure if Y represents the random variable for the average height of a random group of 25 people, because height can be 5 feet, 5.01 feet ...

Excel uses the function RAND() to return a random and uniformly distributed number between 0 and 1, every time the worksheet is calculated. If you are analyzing how fluctuations in sales will ...

2. Input variables. By default, the random number generator’s minimum variable is set to “1” and the max is set to “10.” If you want to change these, you can just choose either data ...