8. Two baseball player in your team has same mean number of score. Player 1 has higher variance than Player 2. In what situation you would like to choose Player 1 and in what situation you would choose Player 2?
show all details
If two baseball players have the same mean number of scores, but different variances, it means that their performances are equally good on average .
and Player 1 has a higher variance, which means that his scores vary more widely than Player 2 .
In general, choosing between two baseball players with the same mean but different variances depends on the specific situation and the team's goals .
consider the situation one :
If a team values consistency and minimizing risk, they might prefer Player 2, who has a lower variance. This means that Player 2's performance is likely to be more predictable and consistent over time. The team can count on Player 2 to deliver a steady number of runs in each game, without experiencing large swings in performance .
so in simple terms ; if we want consistency we will go with player 2 .
Step by step
Solved in 2 steps