Reputation: 23
I have a spreadsheet with a certain parameters: Range start: 1 Range end: 100 Randomization: N
Then there is a list with a size of 5. Excel generates me numbers with a step of 20 in each cell of that list. And if list size is changed, the step size will also change accordingly
I am trying to randomize every entry by +- of N so that an end sum would still be 100. Is there an elegant solution?
Upvotes: 2
Views: 69
Reputation: 20080
Well, canonical way to sample such random number is to apply Multinomial distribution. It is automatically makes sum equal to desired number.
In your case, n = 100, k = 5, pi = 1/5 = 0.2. I know Excel provides function MULTINOMIAL(x1, ..., xk) = n!/(x1!*...*xk!) so probabilities could be computed with easy (see http://www.real-statistics.com/binomial-and-related-distributions/multinomial-distribution/). I don't know how to do sampling in Excel, perhaps stats package for Excel has desired functionality.
UPDATE
There is Excel sampling code right in the wiki page on multinomial, but I think it would be slow
Upvotes: 1