Consider a coin for which the probability of obtaining a head on each given toss is 0.3. Suppose that the coin is to be tossed 15 times, and let X denote the number of heads that will be obtained. a. What prediction of X has the smallest M.S.E.? b. What prediction of X has the smallest M.A.E.?

4/25/2017 1 CHAPTER 1 INTRODUCTION 2 Opening Example 3 WHAT IS STATISTICS Definition Statistics is a group of methods used to collect, analyze, present, and interpret data and to make decisions. 4 TYPES OF STATISTICS Definition Descriptive Statistics consists of methods for organizing, displaying, and describing data by using tables,...