An interval estimate is an estimate of the range for a sample statistic
1 answer:
You might be interested in
Based on the payoffs and the probabilities given, we can calculate the mean to be <u>0.8 shots made. </u>
<h3>What is the mean?</h3>The mean in this scenario will be a weighted average of the probabilities that a number of shots will be made.
The mean will be:
<em>= ∑ (Number of shots x Probability of number of shots)</em>
= (0 x 0.36) + (1 x 0.48) + (2 x 0.16)
= 0.8 shots
In conclusion, the mean is 0.8 shots.
Find out more about weighted average at brainly.com/question/18554478.
The formula for Sums of squares of the residuals (SSR) is attached below.
Therefore, option B is correct:
B. I would calculate the difference between the observed outcome (Y) and the predicted value of Y (Y_hat), square each one of these differences, and add them up.
Therefore, option B is correct:
B. I would calculate the difference between the observed outcome (Y) and the predicted value of Y (Y_hat), square each one of these differences, and add them up.