which generates a random time at a 15-minute interval.
The RAND function generates a decimal number between zero and 1. So, you might get output like this from RAND() in three cells:
Dates in Excel are defined as simple numbers, where 1 = 1 day. This means you can simply divide 1 by the decimal value of time to get a value that corresponds to time as Excel sees it, for example:
1/12 = 12 hours = .5 days
1/6 = 6 hours = .25 days
1/8 = 8 hours = .333 days
This means we can use RAND() to generate a decimal value between 1 and 0, then round that number down with FLOOR to the nearest interval. FLOOR takes a argument called "significance" as the rounding multiple, and it recognizes time intervals expressed like this:
The Excel RANDBETWEEN function returns a random integer between given numbers. RANDBETWEEN is a volatile function recalculates when a worksheet is opened or changed. In the example shown, the formula in B5 is: = RANDBETWEEN ( 1 , 100 ) This formula...
The RANDBETWEEN function takes two numbers, a bottom and top number, and generates a random integer in between. Dates in Excel are serial numbers, so you can use the DATE function to create t he lower number and the upper number. RANDBETWEEN then...
The CHOOSE function provides the framework for this formula. Choose takes a single numeric value as its first argument (index_number), and uses this number to select and return one of the values provides as subsequent arguments, based on their...
In this video we'll look at a few ways to generate random values with the RANDBETWEEN function, including random dates, random prices, and random workdays.
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