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1000 simulations using an exponential distribution

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    Question 1000 simulations using an exponential distribution

    Hi all, new user here!

    Here's the deal: I have a homework assignment where I need to run 1000 simulations in excel using an exponential distribution. I'm not sure how to get excel to give me the data I need. This is the question (the first part, at least):


    Snip.PNG

    I've figured out how to use the exponential distribution formula in excel, but I can't get it to return any values greater than 1. I think it's just the nature of that function, but I can't figure out how to get Excel to display the simulated lifetimes of the components. Any help at all would be much appreciated.

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    Re: 1000 simulations using an exponential distribution

    maybe read here Excel Exponential Distribution or Excel simulation lifetime with exponential distribution
    Last edited by sandy666; 03-02-2017 at 08:11 PM.

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