Multiple Choice
The RAND() function in excel models which of the following probability distributions
A) Normal distribution with mean 0 and standard deviation 1
B) Uniform distribution with lower limit 0 and upper limit 1
C) Normal distribution with mean -1 and standard deviation 1
D) Uniform distribution with lower limit -1 and upper limit 1
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Which of the following is not one
Q21: If x is a random number between
Q22: Exhibit 10-1<br>A company is in the planning
Q23: Discrete distributions are sometimes used in place
Q24: A common guideline for constructing a 95%
Q25: A distribution for modeling the time it
Q26: Exhibit 10-2<br>A large apparel company wants to
Q28: Exhibit 10-1<br>A company is in the planning
Q29: Exhibit 10-1<br>A company is in the planning
Q30: When the value of a decision variable