8164 Simulation This exercise requires access to a computer
8.164 Simulation: This exercise requires access to a computer or statistical software. a) Explain how to use 8.163(b) to Simulate 5000 observations of uniform random variable on the interval (a, b) by using only a basic random number generator. b) Conduct the simulation described in part (a) when a = -0.5 and b = 0.5. c) Provide a graph of your results in part (b), is the graph what you would expect? Explain.
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