The RAND()function in Excel Models Which of the Following Probability

question 27

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

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