An analyst wants to simulate observations from a Uniform distribution that has a lower limit of 60 minutes and an upper limit of 80 minutes.The analyst draws the random number 75 from a two-digit random number table.In terms of this uniform distribution,this is equivalent to a simulated value of:
A) 61
B) 65
C) 70
D) 75
E) none of the choices are correct.
Correct Answer:
Verified
Q22: Which statement does not accurately describe simulation?
A)Enables
Q26: An analyst wants to simulate observations from
Q27: A Uniform distribution has end points of
Q27: Natural logarithms are used in simulating the:
A)binomial
Q28: The number of machine breakdowns per day
Q31: Which of the following words does not
Q32: A Normal distribution has a mean of
Q33: During a cross-country trip,a statistics professor decided
Q38: Monte Carlo simulation is always associated with:
A)computers.
B)multiple-decision
Q40: The second step in the simulation process
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