Consider the following table containing the betting spreads and actual spreads from 15 randomly selected football games. Betting 2 1 18 9 1 Actual 6 3 8 Betting vs Actual Spreads 7 2 9 5 6 4 6 -3 4 4 1 5 -1 11 5 7 1 5 2 11 3 -7 Copy Data Construct a 95% confidence interval for the mean value of the actual spread when the betting spread is 1. Round your answers to two decimal places.
Consider the following table containing the betting spreads and actual spreads from 15 randomly selected football games. Betting 2 1 18 9 1 Actual 6 3 8 Betting vs Actual Spreads 7 2 9 5 6 4 6 -3 4 4 1 5 -1 11 5 7 1 5 2 11 3 -7 Copy Data Construct a 95% confidence interval for the mean value of the actual spread when the betting spread is 1. Round your answers to two decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![**Table of Contents:**
**Understanding Betting vs Actual Spreads**
*The table below provides data on the betting spreads and actual spreads from 15 randomly selected football games. Each column represents a different game, with betting and actual scores noted.*
| **Betting** | 2 | 1 | 6 | 3 | 5 | 7 | 4 | 6 | 2 | 4 | 1 | 5 | 1 | 5 | 2 |
|-------------|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| **Actual** | 18 | 9 | 1 | 8 | 6 | 6 | 9 | -3 | 4 | -1 | 11 | 5 | 7 | 11 | 3 | -7 |
**Task: Constructing a Confidence Interval**
Construct a 95% confidence interval for the mean value of the actual spread when the betting spread is 1. Round your answers to two decimal places.
**Graph/Diagram Explanation:**
The table above displays the spreads, with each column indicating a particular game. The betting row denotes the predicted spread, while the actual row shows the outcome spread. The data assists in examining the accuracy of betting predictions across these games.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdbed7f96-de73-44e2-9417-90c498b3ebf6%2F27186e54-55fb-4d26-9731-3cc5071bd36e%2Faodibaib_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Table of Contents:**
**Understanding Betting vs Actual Spreads**
*The table below provides data on the betting spreads and actual spreads from 15 randomly selected football games. Each column represents a different game, with betting and actual scores noted.*
| **Betting** | 2 | 1 | 6 | 3 | 5 | 7 | 4 | 6 | 2 | 4 | 1 | 5 | 1 | 5 | 2 |
|-------------|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| **Actual** | 18 | 9 | 1 | 8 | 6 | 6 | 9 | -3 | 4 | -1 | 11 | 5 | 7 | 11 | 3 | -7 |
**Task: Constructing a Confidence Interval**
Construct a 95% confidence interval for the mean value of the actual spread when the betting spread is 1. Round your answers to two decimal places.
**Graph/Diagram Explanation:**
The table above displays the spreads, with each column indicating a particular game. The betting row denotes the predicted spread, while the actual row shows the outcome spread. The data assists in examining the accuracy of betting predictions across these games.
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