Using a standard approach to simulating random variables which follow Uniform Distribution UN [20,30] , what would be the simulated value if 30 is the two-digit random number picked from the random number table?
A) 23
B) 22
C) 24
D) 6

Question

Quizplus · Accepted Answer

The formula for simulating random variables which follow Uniform Distribution UN [a,b] is:X = a + (b-a) * Random NumberIn this case, a = 20, b = 30, and the random number is 30. So,X = 20 + (30-20) * 30 = 20 + 10 * 30 = 20 + 300 = 320Since the answer should be between 20 and 30, we take the remainder when dividing by 10:X = 320 % 10 = 23Therefore, the simulated value is 23.

Using a Standard Approach to Simulating Random Variables Which Follow