The __________ Function Is Used to Generate a Pseudorandom Number

question 32

Multiple Choice

The __________ function is used to generate a pseudorandom number in Excel.

• A)FREQUENCY()
• B)RAND()
• C)NORM.INV()
• D)ROUND()

---

Definitions:

Depreciated

A decrease in the value of an asset over time, typically due to wear and tear or obsolescence.

Inflation

The pace of escalation in the overall price environment for goods and services, lessening the ability to procure.

Real Exchange Rate

A measure of the value of one country's currency compared to another's, adjusted for inflation, reflecting the purchasing power of the currencies for goods and services.

Net Exports

The difference between a country's total value of exports and its total value of imports, indicating whether it has a trade surplus or deficit.