How to simulate values from distribution
Discuss the below:
Q: A normal distribution has a mean of 500 and a standard deviation of 50. A manager wants to simulate 2 values from this distribution, and has drawn these random numbers: -0.6 and 1.4. What are the 2 values respectively?
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Let X have density function Let X have density function
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A normal distribution has a mean of 500 and a standard deviation of 50. A manager wants to simulate 2 values from this distribution
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