In Excel^®, we can use the RAND function inside an IF function to simulate whether some event occurs or does not occur.

Name: In Excel ® , we can use the RAND function inside an IF function to simulate whether some event occurs or does not occur.
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Quizplus · Accepted Answer

This is true. The RAND function generates a random number between 0 and 1. When used inside an IF function, we can set a threshold based on the output of the RAND function to determine if a certain event will occur or not.

In Excel®, We Can Use the RAND Function Inside an IF

In Excel^®, We Can Use the RAND Function Inside an IF