So,
what are some thoughts on using this interesting function? Well, how you use it is only limited by your
imagination, but here are a few examples of Random Ideas:
·
Use
=RAND()*100 to return random numbers
between 1 and 100
·
Or
=RAND()*100 + 100 to return random
numbers between 100 and 200
·
If
you want only whole numbers, use:
=INT(RAND()*100+100
to return integers between 100 and 200
Or
consider this, let’s say you have a database of 1,000 records from which you
want to take a random sample of 15% of the data. If your data is, for instance, in Column ‘A’, put in the following
formula in Column ‘B’, and Autofill it to the end of data field:
=RAND()<=0.15
Then
simply sort your columns based on Column B and retain the first 150 of your data
field. This will, of course, change
every time the worksheet is recalculated because RAND is, well, Random!
Some
extremely clever Excel Enthusiasts have created some amazing games using
RAND. For my own part, (modest in
comparison to what some others have done), I have used the RAND function (along with other
functions and graphics), to create a Vegas-style Slot Machine in Excel.
If you are interested, please send me a request at ExcelEnthusiasts@gmail.com if you
would like a copy of the Slot
Machine workbook, and I will be happy to send it to you.
By the way, if you have any RANDom Ideas regarding this cool function, I would love to hear
about them!
1 comment:
Just to add to this one. The rand() function produces a uniform random number. What if you wantyed a rendom Normal number?
It is quite easy - use =Norminv(rand(),Mn,SD)
where Mn is the mean of the intended distribution and SD its standard deviation.
There are other distributions in Excel you can use to form other random variates too
Bob JordanB
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