Excel's = RAND()function Produces Random Numbers That Are Uniformly Distributed

question 113

Multiple Choice

Excel's = RAND() function produces random numbers that are uniformly distributed between 0 and 1.The mean of this distribution is approximately

• A)0.5000
• B)0.2500
• C)0.3333
• D)0.2887

Recognize different types of plans (strategic, operational, tactical, single-use, and standing) and their purposes.

Identify the characteristics of SMART objectives and their application in effective planning.

Distinguish between various planning tools and techniques, including forecasting, budgeting, and scenario planning.

Comprehend the steps involved in the planning process and how they contribute to achieving organizational objectives.

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Definitions:

Flood Victims

Flood victims are individuals or communities adversely affected by floodwaters, leading to loss of property, livelihood, and sometimes life.

Negatively Correlated

A relationship between two variables in which one variable increases as the other decreases.

Opposite Directions

A phrase indicating a situation where two or more elements or forces move or act in contrasting or conflicting paths.

Negative Correlation

A connection between two variables where as one variable rises, the other falls.