Question

In the Python script, you calculated a 95% confidence interval for the average relative skill of all teams in the league during the years of your team. Additionally, you calculated the probability that a given team in the league has a relative skill level less than that of the team that you picked.

Info here:

Confidence Level (%)	Confidence Interval
95%	2013 to 2015 – 1502.02 (Rounded)
95%	2013 to 2015 – 1502.02, 1507.18 (Unrounded)

**Probability a team has Average Relative Skill less than the Average Relative Skill(ELO) of Bulls in the years 1996 to 1998 : 0.9732

• Provide a detailed interpretation of the confidence interval in terms of the average relative skill of teams in the range of years that you picked.
• How would your interval be different if you had used a different confidence level?
• What is the probability that a given team in the league has a relative skill level less than that of the team that you picked? Is it unusual that a team has a skill level less than your team?

Can you please help with the 3 bullet questions above? Many thanks! :)

Answer 1

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