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EXCEL Random Number Generator

Discover how to use Excel Random Number Generator for statistical self-education. Learn the features, examples, and basic rules of generating random numbers in Excel. Find the necessary STT files at www.stt-consulting.com for free.

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EXCEL Random Number Generator

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  1. EXCEL Random Number Generator A useful tool for statistical self education By Dietmar Stöckl STT Consulting

  2. Required Add-Ins EXCEL Random Numbers

  3. Where to find EXCEL Random Numbers

  4. Features • Distribution EXCEL Random Numbers

  5. Example • Observation • You don’t get out what you put in! • That’s statistics! • n = 500, average: -0.014, standard deviation: 0.962. EXCEL Random Numbers

  6. Basic rule • Always check the outcome of the simulation! • Take sufficiently large n! • Build up experience by comparing simulated with expected data! EXCEL Random Numbers

  7. STT files • See • www.stt-consulting.com • >Statistics • >Random Numbers EXCEL • >DataGeneration • Entirely free! EXCEL Random Numbers

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