Identify the correct distribution for this “Simulation” problem: An investment company interested in purchasing a parcel of prime commercial real estate wants to describe the appraised value of the property. The company expects an appraisal of at least $500,000 but not more than $900,000. They believe that all values between $500,000 and $900,000 have the same likelihood of being the actual appraised value.
a. Binomial
b. Triangular
c. Custom
d. Discrete Uniform
e. Continuous Uniform