We warned the actuarial students taking the class to be sure to randomize the
seed, either by always saving the workspace after each simulation so that the
new seed would be saved as well, or by using the clock to randomize the seed.
We would simply pick N random numbers where N was the number of milliseconds on
the current time.
All this did nothing to fix any bias that may have been in the RNG, but it shows
that there may be other problems as well. Anyone know if you can reset the seed
in Excel?
Rich
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