Question: Step 9 - Confidence Intervals for the Average Relative Skill of All Teams in the Assigned Team's Years In [ 4 ] : import numpy

Step 9- Confidence Intervals for the Average Relative Skill of All Teams in the Assigned Team's Years In [4]:
import numpy as np
import scipy.stats as stats
\s Assuming the dataframe is Loaded as assigned_years_league_df and contains the coluwn 'elo_n'
45 Step 1: Calculate the mean and standard deviation of relative shilL (ELO) in years 1996-1998
mean_elo = assigned_years_league_df['elo_n'],mean()
std_elo = assigned_years_1eague_df['elo_n'].std()
Step 2: Calculate n, the sample stze
n = assigned_years_league_df['elo_n'].count()
4}\mathrm{ Step 3: Calculate the standard error
standard_error = std_elo / np.sqrt(n)
Step 4: Calculate the 95x confidence interval
confidence_level =0.95
z_score = stats.norn.ppf(1-(1- confidence_1evel)/2) I\ z-score for 95% confidence
margin_of_error = z_score * standard_error
confidence_interval =(mean_elo - margin_of_error, nean_elo + margin_of_error)
Print the results rounded to two decimal places
print(f*Mean ELO: {nean_elo:.2f}")
print(f)
print(f*Sample Size: {n}")
print(f)
print(f*95% Confidence Interval: ({confidence_interval[e]:.2f},{confidence_interval[1]:.2f})")
NameError
Traceback (most recent call last)
6||
The management also wants to you to calculate a 95% confidence interval for the average relative skill of all teams in the years 1996-1998. Calculate this confidence interval.
You are to write this code block yourself.
Use Step 8 to help you write this code block. Here is some information that will help you write this code block. Reach out to your instructor if you need help.
The dataframe for the years 1996-1998 is called assigned_years_league_df
The variable 'elo_n' represents the relative skill of teams.
Start by calculating the mean and the standard deviation of relative skill (ELO) in years 1996-1998.
Calculate n that represents the sample size.
Calculate the standard error which is equal to the standard deviation of Relative Skill (ELO) divided by the square root of the sample size n.
Assuming that the population standard deviation is known, use Python methods for the Normal distribution to calculate the confidence interval.
Your statistics should be rounded to two decimal places.
Write your code in the code block section below. After you are done, click this block of code and hit the Run button above. Reach out to your instructor if you need more help with this step.
Step 9 - Confidence Intervals for the Average

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