Someone kindly explain what part 1 of this question is asking as i can't relate it to any section in chapter 14. Also, please explain to me the logic behind their solution.
This question was hard and I can't find anything on it in the Core Reading either! The integral given is the average height of the graph of the function y = exp(x) - 1 for 0<x<1 So we can estimate its value by sampling (randomly but evenly) a large number of times over the range and calculating the average: Generate ui values from U(0,1) and then take [sum of exp(ui) - 1 ]/ n Hope this helps, John