Let's take a closer look. RAND is the simplest and easiest Excel random function for generating a random decimal number. It has a straightforward syntax and doesnâ t take any parameters.

However, Excel's random number functions are volatile ... as it produces a list of numbers containing up to 15 decimal places. You can also increase the chances of avoiding repeated numbers ...

Here is a tutorial to generate a barcode in Microsoft Excel ... the range to generate a number. For example, =RANDBETWEEN(5000,11000). This will generate a random number between 5000 to 11000.