A game uses a random number generator to produce four outcomes: $1 probability of .4 $2...

A game uses a random number generator to produce four outcomes:

$1 probability of .4

$2 probability of .3

$3 probability of .2

$4 probability of .1

Let the random variable X model the game. Let u1, u2,….,uN be a sequence of random numbers where 0 <= ui < 1 for i= = 1,2,….,N. Define a process that uses this sequence to produce a sequence of random variates that has the same distribution as X

Expert Solution

orchestra answered 2 years ago

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