There is no driving range (although it has been requested many, many times), but there is a mulligan option.
You must be playing in single player practice mode, but after each shot you take the option to take a mulligan then appears. Click it and you can play the same shot again, and again, as often as you like.
Be warned though, each mulligan shot is an additional shot deducted from the life of the ball you are using.
Nigel.