Which of the following parameters is required to convert a computer-generated random variable into a uniform random variable?

a. Range of the distribution b. Mean of the distribution
c. Variance of the distribution d. Moments of the distribution


a
RATIONALE: To generate a value for a random variable characterized by a continuous uniform distribution, the following Excel formula is used: Value of uniform random variable = lower bound + (upper bound – lower bound) × RAND().

Business

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When you need to avoid being misquoted, it is suggested that you use which style?

a. Memorization b. Manuscript c. Extemporaneous d. Impromptu

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