Question

Three pointers The figure shows the results of a basketball player attempting many$3‐$

point shots. Explain what this graph tells you about chance behavior in the short run and

long run.

Short answer

In the short run, there is a lot of variability in the percent of shorts made while in long run probability of making a shot is about$30\%$.

Step-by-step solution

Given information 

We have been given a graph of a basketball player attempting many $3‐$ point shots.

We need to find out from the graph the chance behavior in the short run and long run.

Explanation

In the short run, we saw a lot of sharp peaks to the left in the graph which is the reason for a lot of variability in the percent of shots made.

In the long run that is for a large no. of shots the percent of shots made appears to be about $30\%$in the graph and this implies that the probability of making a shot is about $30\%$