How to use excel to simulate 10 random dice rolls? Need to use the concept of Inverse CDF and use the Excel tools: vlookup() and rand().
Firstly Rand() function returns a random number between 0 and 1. This function will recalculates the value when a worksheet is opened or changed
1. Open excel file and keep the cursor in the cell A1. Type the formula "=Rand()" and press enter
2. Drag the formula to the range of A1 to A10. Now the excel has been updated 10 random numbers
Vlookup:
VLOOKUP is an Excel function to lookup and retrieve data from a specific column in table. The "V" stands for "vertical". Lookup values must appear in the first column of the table, with lookup columns to the right.
"=VLOOKUP (value, table, col_index, [range_lookup])"
Example:
After updating the inverse CDF, vlookup function helps to compare and incorporate coulns from another set of data.
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