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04-27-2015 10:32 AM

Can someone explain when and why to use these functions in realtime.What these functions do in brief

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Posted in reply to NoorulIyn

04-27-2015 10:41 AM

These and several other random number functions return a random value from a distribution. Ranuni from a uniform distribution on the interval from 0 to 1 and rannor from a normal distribution with a mean of 0 and standard deviation of 1.

Uses are many depending on your needs but basically revolve around a need for a random number. One example would be to add a value to set of data and use a specified subset of the data to select a random sample. For instance add a value x=ranuni (12345); to each record of a data set and then select x < .20 to get roughly a 20 percent random sample of the data.