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    Randomness in a Data File

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    What is randomness? Assume you have an Excel worksheet of the dimension, A1:E101. The first row contains data labels. How would you randomize the data file and to select a simple random sample of 10 items from the dataset?What are N, Ni and n?

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    Solution Preview

    What is randomness?
    According to the Free Dictionary (http://www.thefreedictionary.com/randomness):
    ran·dom (rndm)
    1. Having no specific pattern, purpose, or objective: random movements. See Synonyms at chance.
    2. Mathematics & Statistics Of or relating to a type of circumstance or event that is described by a probability ...

    Solution Summary

    The concept of randomness is defined and is further explained within a context of an Excel worksheet.