Assume That X Is a Random Number Between 0 and 1,and

question 11

Multiple Choice

Assume that x is a random number between 0 and 1,and that the number of units expected to be sold is uniformly distributed between 300 and 500.Then,sales are given by the expression

• A) 300 + x
• B) 500 - x
• C) 300 + 200 x
• D) 500 - 200 x
• E) 300 + 500 x
• Generate a set of 40 random numbers in a column in an Excel spreadsheet by using RAND function.Fix the set of random numbers by copying the column to another column and using the "Paste Special" command with the "Values" option selected.