Non-negative versus unrestricted distribution

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What is a NON-NEGATIVE versus UNRESTRICTED DISTRIBUTION, give an example?

What does the COMMAND RAND()provide in Excel?

What does the COMMAND RANDBETWEEN()provide in Excel?

What kind of distribution dose min+(rand()*(max-min)) provide in Excel?

What does norminv(rand(),100,5) provide in Excel?

What is the FLAW of averages and how would you avoid the issues of making decisions based on averages, or point estimates.

Reference no: EM132164612

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Non-negative versus unrestricted distribution : What is a NON-NEGATIVE versus UNRESTRICTED DISTRIBUTION, What does the COMMAND RAND()provide in Excel?

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