Binary variables are variables whose only possible values are 0 or 1. True or False True False
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- Use the RAND function and the Copy command to generate 100 random numbers. a. What fraction of the random numbers are smaller than 0.5? b. What fraction of the time is a random number less than 0.5 followed by a random number greater than 0.5? c. What fraction of the random numbers are larger than 0.8? d. Freeze these random numbers. However, instead of pasting them over the original random numbers, paste them onto a new range. Then press the F9 recalculate key. The original random numbers should change, but the pasted copy should remain the same.Write “TRUE” if the statement is correct and “FALSE” if the statement is incorrect. (a-f is already answered)g. The second main step of Monte Carlo simulation is random variable generation.h. Random number generation is an optional step in Monte Carlo simulation.i. The probability distribution of random numbers in a Monte Carlo simulation should be: (–1,1] .What does the scalability of a data mining method refer to? its ability to construct a prediction model efficiently given a large amount of data its speed of computation and computational costs in using the mode its ability to overcome noisy data to make somewhat accurate predictions its ability to predict the outcome of a previously unknown data set accurately Each function has its own ____, which specifies the function name and order of the arguments. a. syntax b. arguments c. code d. list