RSS

Generating random qualitative data in a pinch

10 Apr

Option Explicit VBA

There are plenty of terrific random data generators for Excel out there. But sometimes you just need some fake data qualitative data without the fuss.

For instance, perhaps I want to generate a random list of data points with the values low, medium, or high. A simple method I recommend combines RANDBETWEEN with CHOOSE. Take a look:

=CHOOSE(RANDBETWEEN(1,3), “low”, “medium”, “high”)

All I would need to do now is use the formula above and then drag down to create a list of random, qualitative data.

image

If I want more weight given to a certain variable, say I want low to appear 50% of the time, I can adjust the bounds of my RANDBETWEEN and repeat the data item.

=CHOOSE(RANDBETWEEN(1,4), “low”, “low”, “medium”, “high”)

It’s not the most elegant solution, I admit. But like I said, it does well in a pinch.

View original post

Advertisements
 
Leave a comment

Posted by on April 10, 2014 in Tips

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: