The following parameters is required to convert a computer-generated random variable into a uniform random variable range of the distribution.
When performing a what-if analysis, potential values for the random variables are taken into account before calculating the output's resulting value. There is no indication of the likelihood of the various output values, which is a drawback of the straightforward what-if analysis.
Continuous random variables have an endless number of possible values and can represent any value that falls within a given range or interval.
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