We can use the excel RANDBETWEEN function to generate random numbers in excel. The steps below will walk through the process.
Figure 1: Result of RANDBETWEEN function for Cells of Column D
General Formula
=RANDBETWEEN(bottom,top)
- Bottom – This is the smallest random integer that will be returned by the RANDBETWEEN function. It is the lowest value in the range.
- Top – This is the largest random integer that will be returned by the RANDBETWEEN function. It is the highest value in the range.
Formula
=RANDBETWEEN(B4,C4)
Setting up the Data
- We will set up the data by inputting the LEAST COST and HIGHEST COST into Column B and Column C respectively
- Column D is where we want the formula to return the result for the random numbers
Figure 2: Setting up the Data
Getting the Random Numbers
- We will click on Cell D4
- We will insert the formula below into the cell
=RANDBETWEEN(B4,C4)
- We will press the enter key
Figure 3: Result of RANDBETWEEN function for Cell D4
- We will click on Cell D4 again
- We will double-click on the fill handle (the small plus sign at the bottom right of Cell D4) and drag down to copy the formula into the other cells
Figure 4: Result of RANDBETWEEN function for Cells of Column D
Notes
- RANDBETWEEN function generates a new random number if you click on an existing cell with the formula
- RANDBETWEEN function generates a new random number after every recalculation
- To retain random numbers, press the F9 button after using the RANDBETWEEN function in the cell.
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