Use @RISK to draw a triangular distribution with parameters 300, 500, and 900. Then answer the following questions.a. What are the mean and standard deviation of this distribution?b. What are the 5th and 95th percentiles of this distribution?c. What is the probability that a random number from this distribution is less than 450?d. What is the probability that a random number from this distribution is greater than 650?e. What is the probability that a random number from this distribution is between 500 and 700?
Use @RISK to draw a triangular distribution with parameters 300, 500, and 900. Then answer the following questions.a. What are the mean and standard deviation of this distribution?b. What are the 5th and 95th percentiles of this distribution?c. What is the probability that a random number from this distribution is less than 450?d. What is the probability that a random number from this distribution is greater than 650?e. What is the probability that a random number from this distribution is between 500 and 700?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter10: Introduction To Simulation Modeling
Section10.2: Probability Distributions For Input Variables
Problem 6P: Use @RISK to draw a binomial distribution that results from 50 trials with probability of success...
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Use @RISK to draw a triangular distribution with parameters 300, 500, and 900. Then answer the following questions.
a. What are the mean and standard deviation of this distribution?
b. What are the 5th and 95th percentiles of this distribution?
c. What is the probability that a random number from this distribution is less than 450?
d. What is the probability that a random number from this distribution is greater than 650?
e. What is the probability that a random number from this distribution is between 500 and 700?
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