In Excel, you can generate random numbers with the formula “=RAND()“.
This formula would return a random number between 0 and 1. You can then use this random number to generate other numbers. For example, you can use the formula “=RAND() * 100” to generate a random number between 0 and 100. You can specify the number of decimal places and the formatting (e.g. currency in €) yourself in the “Start” tab.
If you want to generate a random number that falls within a certain range, you can use the formula “=RAND()*(MAX(49)*(MIN(1)))“. Here “max” would be the maximum value 49 and “min” the minimum value 1 between which the random number should lie.
If you want to generate a random number that is new every time you update or recalculate your spreadsheet, you can paste the formula into a cell and then press the F9 key to recalculate the formula and get a new random number to generate. You could also create a table that, like in our example, shows the number series of a 6 out of 49 lottery ticket, and from this with the function: “=UNIQUE(RANDOM(I$3;O$9);FALSE;TRUE)” random and unique draw numbers. For a deeper understanding of the “$” characters used, I recommend our article on absolute, relative, and mixed cell references.
Note: Since the random numbers are based on Excel formulas, they are regenerated each time the spreadsheet is updated. However, if you want a random number to be generated only once and then remain constant, you can copy and paste the random number as a value. The nested functions that we have applied here can be changed and adjusted at will. For example, you could also extend the function with “=INTEGRATE(…” if you only want whole numbers, and so on and so forth. It also helps to simply try it out to explore the limits of functionality. Find more about nested functions here with us >>>
see fig. (click to enlarge)