Over a five-year period, the quarterly change in the price per share of common stock for...

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We assume that the change in price for each quarter is uniformly distributed between a=-8% and b=12%.

To simulate random numbers from a uniform distribution in the interval (a,b) we use the following steps

Generate r, a random number from uniform distribution in the interval (0,1)
a+(b-a)*r is a random number generated from a uniform distribution in the interval (a,b)

We can do the following calculations, knowing that r is drawn from uniform(0,1)

ans:Â Â the simulated quarterly price change for each of the eight quarters is

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(a)	Use the random numbers 0.52, 0.99, 0.12, 0.15, 0.50, 0.77,0.40, and 0.52 to simulate the quarterly price change for each ofthe eight quarters.

	If required, round your answers to one decimal places. Forthose boxes in which you must enter subtractive or negative numbersuse a minus sign. (Example: -300)

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