Use the uniform random numbers in cells

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Read the articles about all four applications of simulation mentioned in Prob. 22.2-1. For each one, write a one-page summary of the application and the benefits it provided.

Prob. 22.2-1

Use the uniform random numbers in cells C10:C15 of Fig. 22.1 to generate six random observations for each of the following situations.

(a) Throwing an unbiased coin.

(b) A baseball pitcher who throws a strike 60 percent of the time and a ball 40 percent of the time.

(c) The color of a traffic light found by a randomly arriving car when it is green 40 percent of the time, yellow 10 percent of the time, and red 50 percent of the time.

Reference no: EM131104380

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