(Answered) Suppose that you generate a random number between 0 and 1

Economics

Suppose that you generate a random number between 0 and 1. (So all numbers are equally likely to come up.)

a. Draw a probability distribution function for this situation. Label the axes so it is very clear!

b. What is the probability of generating a number between .35 and .85? Draw a picture to go with your answer (and do the same for the next question in this problem).

c. What is the probability of generating a number with a value greater than or equal to .32? What is the probability of generating a number with a value less than .61?

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Business Economics, Economics

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