The RAND function in Excel is used to generate a random decimal number between 0 and 1. Each time the formula is recalculated, a new random number is generated.
The syntax for the RAND function is simply “=RAND()”. When entered into a cell, it will display a random number between 0 and 1. This can be useful in many situations where you need a random value for testing or simulation purposes.
Note that the RAND function is a volatile function, which means that it will recalculate every time anything changes in the worksheet, including when you open the workbook or change any cell values. If you want to generate a random number that doesn’t recalculate automatically, you can use the VBA function “Rnd” instead.
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