Excel's RAND Function _____

question 68

Multiple Choice

Excel's RAND function _____.

• A) determines sample size
• B) selects a simple random sample
• C) randomizes a population
• D) generates random numbers

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Definitions:

Small Company

A business with a small number of employees and a low volume of sales compared to larger companies in its industry.

Positive Statement

A statement that can be tested and validated; it describes what is and not what should be.

Federal Government

The national government of a federal republic, which possesses certain powers at the national level while other powers are shared with or reserved for the states.

Interest Rates

The percentage charged on a loan or paid on savings, effectively the price of capital.