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Use @RISK's Define Distributions tool to show a uniform distribution from 350 to 750. Then answer the following questions.
a. What are the mean and standard deviation of this distribution? Round your answers to one decimal place, if necessary.
MeanStandard deviationb. What are the 5th and 95th percentiles of this distribution? Round your answers to one decimal place, if necessary.
5th percentile95th percentilec. What is the probability that a random number from this distribution is less than 450? Round your answer to three decimal places, if necessary.
d. What is the probability that a random number from this distribution is greater than 650? Round your answer to three decimal places, if necessary.
e. What is the probability that a random number from this distribution is between 500 and 700? Round your answer to three decimal places, if necessary.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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