What is the correct Risk Solver Platform (RSP) function for generating random numbers from the following distribution on the number of children in families (assume a reference to the current worksheet).
A)=PsiCustom(A2:A6,B2:B6)
B)=PsiRandom(A2:A6,B2:B6)
C)=PsiDiscrete(A2:A6,B2:B6)
D)=PsiUniform(A2:A6,B2:B6)

Question

What is the correct Risk Solver Platform (RSP) function for generating random numbers from the following distribution on the number of children in families (assume a reference to the current worksheet). 
A)=PsiCustom(A2:A6,B2:B6) 
B)=PsiRandom(A2:A6,B2:B6) 
C)=PsiDiscrete(A2:A6,B2:B6) 
D)=PsiUniform(A2:A6,B2:B6)

Quizplus · Accepted Answer

PsiDiscrete is the correct Risk Solver Platform (RSP) function to generate random numbers from a discrete distribution. The function takes two arguments: the range of values and the range of probabilities. In this case, the range of values would be the number of children in families (presumably the values 0, 1, 2, 3, 4, and 5), and the range of probabilities would be the corresponding probabilities of each value occurring.

What Is the Correct Risk Solver Platform (RSP) Function for Generating