Тёмный

Calculating the Confidence interval for a mean using a formula - statistics help 

Dr Nic's Maths and Stats
Подписаться 120 тыс.
Просмотров 714 тыс.
50% 1

Опубликовано:

 

29 сен 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 502   
@johnstuart6002
@johnstuart6002 7 лет назад
"You can read it from the table" *shows actual table
@blobmarlis6180
@blobmarlis6180 8 лет назад
Great accent. I was in New Zealand for the first six months of the year. I'm already missing it!
@mohammedpatel3051
@mohammedpatel3051 5 месяцев назад
Excellent tutorial 👍
@PonchoRCG
@PonchoRCG 4 года назад
Congratulations, your video is soo clear and nice!!. It is a cool learning resource. Thanks a lot Dr. Nic!!! =)
@DrNic
@DrNic 4 года назад
You are welcome! It is lovely to hear that my videos are helping.
@sunnyyoda5511
@sunnyyoda5511 4 года назад
excellent video!
@DrNic
@DrNic 4 года назад
Glad you liked it!
@dorotas.5933
@dorotas.5933 3 года назад
Great video but I’ve got a question - why is t-table used, and not z-table? How do I know which one I should choose?
@DrNic
@DrNic 3 года назад
If the sample is 30 or less and you do not know the population standard deviation then you would use the t-table. Once you get to larger samples the t-distribution is pretty much the same as the Z distribution so you can't go wrong using the t- distribution unless you are in a test with a picky examiner.
@dorotas.5933
@dorotas.5933 3 года назад
Thank you very much!
@meems6382
@meems6382 6 лет назад
I learned more in this 5 minute video than I did in a 2 1/2 hour lecture last week, THANK YOU!
@DrNic
@DrNic 6 лет назад
I'm pleased to hear it. It might be that it helped consolidate the lecture material. Either way it is great to help.
@realdvgarg
@realdvgarg 4 года назад
@@DrNic humble.
@catherinej8819
@catherinej8819 3 года назад
WAS LITERALLY ABOUT TO COMMENT THIS lowkey kinda mad that I woke up for an 8am lecture and felt really lost and confused and then watched this video and now I understand like why am I
@alenjose3903
@alenjose3903 3 года назад
@@catherinej8819 im coming from khan academy, he's done a horrible job too.
@DrNic
@DrNic 3 года назад
@@alenjose3903 Thanks for that. Khan is not a statistics teacher and teaches like a maths tutor which is quite different. I really appreciate it when people can see the difference.
@兴宣大院君-h4s
@兴宣大院君-h4s 8 лет назад
This video is awesome. I recommend all of my professors to watch this before going to class!
@edenbirku5552
@edenbirku5552 4 года назад
😂😂
@notanape5415
@notanape5415 4 года назад
Damn bro!! Laughing so hard, I needed this :)
@nazifataha8868
@nazifataha8868 4 года назад
Yes. Lmao
@DrINTJ
@DrINTJ 7 лет назад
1000 times better than Khan Academy nonsense.
@TheMohit8055
@TheMohit8055 5 лет назад
khan academy video was pretty confusing you are right .. .
@hazimhuzaifah4359
@hazimhuzaifah4359 5 лет назад
exactly right
@MyteeBumbleBee
@MyteeBumbleBee 3 года назад
Quite right Mohammed! Sometimes Khan's instructors over explain and fail to stay on point with the subject matter. The result is that I walk away more frustrated and confused than I did before watching the video! Dr. Nic keeps it simple and plain; the way I like to learn!
@swaggyskye
@swaggyskye 3 года назад
true that!!
@harishsivaramakrishnan7096
@harishsivaramakrishnan7096 3 года назад
Khan academy exists just because it needs to exists! No purpose tho.
@danspitalnik
@danspitalnik 8 лет назад
So much clearer than my lecturer. Thanks.
@DrNic
@DrNic 10 лет назад
This video teaches the more traditional way to calculate confidence intervals. It still concentrates on conceptual understanding rather than mathematical methods.
@Fastbub
@Fastbub 6 лет назад
Statistics Learning Centre always a pleasure learn from those who really know how to teach ☺️
@najla9180
@najla9180 6 лет назад
Thank you so much , you are my hero
@swalihashanu5827
@swalihashanu5827 3 года назад
Does this have any similarity with 'exact confidence interval for mean based on t distribution '??
@DrNic
@DrNic 3 года назад
@@swalihashanu5827 This is not a term I am familiar with. It is a confidence interval for a mean based on a t distribution. Not sure what they mean by "exact"
@swalihashanu5827
@swalihashanu5827 3 года назад
@@DrNic oohh...I see..Thanks a lott Ma'am for the clarification
@AndronikosKoutroumpelis
@AndronikosKoutroumpelis 7 лет назад
Aside from the excellent explanation, I love the humor!
@henrybidar8065
@henrybidar8065 8 лет назад
This video saved my life
@tomwhitby5838
@tomwhitby5838 8 лет назад
+Henry Bidar Never thought STATS is this fun, my lecturer makes it painful but this is delightful
@SarahCrookall
@SarahCrookall 4 года назад
Showing the actual table is incredibly helpful for us visual learners! Thank you!
@studymapai
@studymapai 3 года назад
Not all heroes wear capes. Thanks a lot. I’m watching this 4 hrs to my exam and you may have just saved me. 😂
@DrNic
@DrNic 3 года назад
Glad I could help!
@kyleburr8453
@kyleburr8453 6 лет назад
I wish you could make videos for all of my classes! You make everything so clear. Thank you.
@DrNic
@DrNic 6 лет назад
I wish I could too! Any particular requests? ;)
@sediye
@sediye 10 лет назад
this is great!, shocking , really. your voice and teaching ability makes it seem so simple. amazing!!!!!!
@cindyo6298
@cindyo6298 7 лет назад
Wow, this is one of the clearest videos I've ever seen on RU-vid, and it got right to the point. Excellent.
@dakshan
@dakshan 7 лет назад
THANK YOU SO MUCH! Aced my stats quiz thanks to you!
@teamtigers7571
@teamtigers7571 7 лет назад
i hated epidemiology until i watched the vids. thank you
@inv8890
@inv8890 5 лет назад
....I have no words to describe your effort. ma'am, I with you love and happiness.
@linoykohen5923
@linoykohen5923 5 лет назад
Thank you very helpful almost at a 3rd grade level with your tone of voice and examples it makes it so much easier to understand
@jokovik5492
@jokovik5492 2 года назад
I have watched this video at least 10 times in the last couple of years, and each time I learn something new! Great video!
@DrNic
@DrNic 2 года назад
That’s great to hear. Thanks
@AhmadKaako
@AhmadKaako 9 лет назад
Thanks a lot! Great statement for clarification at 4:19 about CI : "This is not the interval that will hold the weight of 95% of the apples in the orchard: It is the interval that we have 95% confidence will contain the true value of the population mean"
@tinahii7480
@tinahii7480 8 лет назад
Thank you so much. You just saved me for my upcoming stats exam.
@cade9491
@cade9491 8 лет назад
Thank you so much, u saved my Biostatistics exam
@zeedee6688
@zeedee6688 6 лет назад
great job, really made it simple. Superb. Just a lit little bit curious at the like being placed against the comment trashing Khan academy. I agree that their explanation is not that great but overall the guy has done a great job. One academic should not enjoy the trashing of another. Just saying
@DrNic
@DrNic 6 лет назад
Thanks. My concerns with Khan Academy are based around the procedural pedagogy and lack of vetting. Considering the funding that has gone into KA, there needs to be better quality control. I have written several blog posts about my concerns, including an open letter to Sal Khan. Many teachers share my concerns.
@DrNic
@DrNic 6 лет назад
And you may have noticed that I try to like all the comments, as I appreciate any interaction. I also "liked" a comment saying I was almost as good as KA.
@zeedee6688
@zeedee6688 6 лет назад
Statistics Learning Centre First disclaimer , I actually had to learn what pedagogy meant before replying :-). I agree that the explanation by Sal Khan is not up to the mark. And I may be mistaken but the comment by M. Shafei was the only one with the logo along with it. Anyway, my knowledge is zilch as compared to yours or Sals, and I benefit from both. Again, thanks for making It so simple. And taking the time to reply. Quick question, is Relative Risk applicable to control studies comparing a drug and a placebo? Thanks.
@rockabc1135
@rockabc1135 7 лет назад
Wonderful.. Thank u so much for creating such a beautiful content.. really appreciated... Thanks.
@videoaks007
@videoaks007 4 года назад
Explained it in so simple and understand able way. Thanks. I wish my teachers made maths so simple and interesting. Thank you very much DR Nic
@DrNic
@DrNic 4 года назад
Glad it was helpful!
@hemant8592
@hemant8592 4 года назад
nice presentation very helpful for quick recall
@falfalkao5104
@falfalkao5104 7 лет назад
Thank you for your useful video, but I have not clear understand the concept yet. I do not know what is "t" value and how we calculate it. Why do we choose 90%, 95%, and 99%. Could you help me to figure out the problems. Thank you again!
@DrNic
@DrNic 7 лет назад
Hi - You do not calculate a t value, you read it from a table. However the computer generally does that for you. You choose the level of confidence depending on how confident you wish to be that the interval you get will contain the (unknown) population parameter. It is a trade-off, though, as the more confident you wish to be, the larger the interval gets.
@adamitinerant
@adamitinerant 9 лет назад
Thank you for clarifying what hours of reading has made seem impenetrable.
@ayosiku2
@ayosiku2 4 года назад
You are a life saver. I hope you will continue to do this great work for years to come. i have been going through tons of tutorials and I find this refreshing. taking a data science course.
@DrNic
@DrNic 4 года назад
Great to hear!
@zoe2354
@zoe2354 8 лет назад
Oh my God, you're the best! I wish you were my prof! Stats would have been a ton more interesting.
@justinnottelling6148
@justinnottelling6148 6 лет назад
This was well explained and easily understood video. I am doing an online course, and this helped me understand the material so much better. THANK YOU!!
@donibrasco1984
@donibrasco1984 8 лет назад
very nice presentations in all of your videos. No extra words , nothing to confuse. Definitely recommendable to others.
@stupidfrog
@stupidfrog 2 года назад
Statistics has to be the second most boring subject in academia behind only accounting.
@DrNic
@DrNic 2 года назад
Maybe. Agree with you that accounting is boring. The contexts can make statistics interesting. Watch my video on why people hate statistics.
@anan7b66
@anan7b66 7 лет назад
Animations and especially those of the equations is just great. Helps a lot. Thank you.
@Picknikly
@Picknikly 10 лет назад
this video is awesome! i made your drawings and schemes in my notebook, it seems so easy when you explain it. Just great!!!
@NguyenPhuong-oc7xu
@NguyenPhuong-oc7xu 9 лет назад
Hi Mam, Thank for your clear video. I also have a question. Can you explain when we can use this formula, compared with the formula of (Average value)+/- 1.65*(Standard deviation)? Thanks in advance
@DrNic
@DrNic 9 лет назад
Nguyen Phuong The formula you have given relates to a normal distribution and gives the middle 90% of the values in that distribution. The big difference is that you have used the standard deviation, rather than the standard error. When we use the standard error s/sqrt(n), we are finding the range of values within which we expect the population mean to lie. It is the distribution of sample means, not the distribution of the values. I suggest you watch Understanding Confidence Intervals, to get an idea of what the distribution is of.
@fozangardezi6163
@fozangardezi6163 6 лет назад
I do not know how much time it would had taken to understand without this video.
@BloodBunn
@BloodBunn 8 лет назад
Guys why don't we just skip hours-long college lectures and learn it all here in 5 minutes?I have community medicine exam on Saturday. Thanks for the help!
@syednusrath9631
@syednusrath9631 8 лет назад
GREAT VIDEO. REALLY HELPS TO UNDERSTAND CONCEPTS BEHIND CONFIDENCE INTERVAL. THE ENTIRE TEAM OF Statistics Learning Centre IS TO BE CONGRATULATED. WISH TO CONTINUE THEIR ENDEAVOUR IN SIMPLIFING STATISTICAL METHODOLOGY
@TheMohit8055
@TheMohit8055 5 лет назад
my lecturer is pretty bad and most of the time teaching himself …. this video was nice .. Thanks keep updating.
@fpscppscofficialdoctor3061
@fpscppscofficialdoctor3061 4 года назад
Best lectures ❤️❤️❤️❤️❤️❤️❤️❤️
@saichaithrik7134
@saichaithrik7134 4 года назад
it is more helpful than my last week 2 hours online lecture
@DrNic
@DrNic 4 года назад
Glad to hear that
@djj2564
@djj2564 7 лет назад
When youtube is a better teacher😂
@SarahCrookall
@SarahCrookall 4 года назад
For real though
@blueninja7594
@blueninja7594 7 лет назад
You are amazing. I've been struggling for so long to learn this thing and now thanks to you it seems like a piece of cake! Thank you so much.
@abhip4538
@abhip4538 6 лет назад
If learning statistics is like mission impossible then you are tom cruise............... hats off
@DrNic
@DrNic 6 лет назад
That has to be one of my favourite comments. Thank you.
@abhip4538
@abhip4538 6 лет назад
and u r my favorite teacher mam.......
@JansenCoburn
@JansenCoburn 9 лет назад
Can you be my math teacher?
@thisisRori-
@thisisRori- Год назад
Hi Dr Nic, thanks for this wonderful video. I am confused about @2:23 confidence level and sample size data. I was wondering why 0.05 column in the t distribution is used for 90% confidence and 0.025 for 95%? Sorry Edit: I found the answer in below comments, because it's split between two confidence interval ends. But now confused the logic behind splitting it between two confidence interval ends, what if we just use e.g. 95% confidence for 0.05 t distribution column? (i see this as more straightforward). Would you be able to please explain? thank you
@akshittuli1211
@akshittuli1211 7 лет назад
This is the best video about confidence intervals​ which I could find on RU-vid !!
@CharlesBerg101
@CharlesBerg101 3 года назад
This is a great video, thank you. One thing I don't understand though is why the proportion of sample size to the original data isn't considered. E.g. All things being equal other than the population size, I would expect a calculation based on a sample of 200 people out of 400 to have a higher confidence than a calculation based on a sample of 200 people out of 10,000 people. This doesn't seem to be considered though, can you help me to understand why please?
@DrNic
@DrNic 3 года назад
In most of what we do, the population is big enough to ignore the sample size effect. There is such a thing as a finite population correction which should be applied if the sample is getting close to the size of the population. The issue is more that we do NOT sample with replacement, yet the formulas and theory assume that we do sample with replacement. Hope this helps.
@calvinlparks
@calvinlparks 4 года назад
Tank you for this intuitive explanation
@DrNic
@DrNic 4 года назад
You are most welcome. Good to hear you find it intuitive - I do aim to make it about ideas rather than procedures.
@cajunninja8668
@cajunninja8668 6 лет назад
I know I’m late, but you are a Godsend mam. I might actually be able to pass my class because of you. Thank you so so so so much!
@NikPnchl7
@NikPnchl7 7 лет назад
very nice thanks...The part about what it is NOT is just as useful as to what it IS
@PrashanthG
@PrashanthG 6 лет назад
Helps in conceptual understanding. Really great. Thanks.
@naciousappel8955
@naciousappel8955 6 лет назад
explicit,,,,,, thank you
@nihonarekun
@nihonarekun 7 лет назад
Been watching many statistics videos now, this one has been the only one that's made me smile xD
@karannchew2534
@karannchew2534 3 года назад
Note for future revision. 4:18 "This is not the interval that will hold the weight of 95% of the apples in the orchard. It is the interval that we are 95% confident will contain the true and known value of the population mean." "If we were to take a lot of samples of size 15, and create 95% confident intervals from them, 95% of them will contain the true population mean. But 5% of them will not contain the population mean."
@DrNic
@DrNic 3 года назад
Glad this is helpful
@karannchew2534
@karannchew2534 3 года назад
@@DrNic Very helpful indeed. I have been confused with the definition of confident interval, this videos clarifies. One thing is still unclear to me though. Re: "If we were to take sample of 15 apples and create 95% confident interval from them". This sounds recursive... How to create the 95% confident interval from the samples in the first place (which then used to define the confident interval)??
@DrNic
@DrNic 3 года назад
@@karannchew2534 I'm not sure what you are asking. The way to get a confidence interval is to take a sample, decide on the confidence level and use the formula to calculate the confidence interval.
@karannchew2534
@karannchew2534 3 года назад
@Dr Nic's Maths and Stats Thanks for getting back. Let me rewrite the question. I am confused about the following two aspects of CI definition: A) The 95% CI of a set of sample can be calculated using x +- t x s/sqrt(n). If I did that calculation for many sample sets, I end up with many CIs. B) 95% of the many CIs from (A) will include the true mean. There are two "95%". In A, it's 95% of the range under t-distribution of ONE set of samples. In B, it's 95% of the CIs from ALL set of samples. How do I link these two views of CI? Hope my question is clear. I've been stuck with this point for a long time :-)
@DrNic
@DrNic 3 года назад
@@karannchew2534 The 95% is referring to the same thing in both instances. The 95% CI in A is called that because of B. You might find this blog post helpful. creativemaths.net/blog/sampling-distribution/
@karunanidhimishra4222
@karunanidhimishra4222 6 лет назад
This video has one of the best explanations for CI.. Awesome
@vardhmaanjain3251
@vardhmaanjain3251 7 лет назад
thanku so much
@laurentang335
@laurentang335 4 года назад
life saver :)
@stephanietorres6047
@stephanietorres6047 7 лет назад
The animations help a LOT! These videos saved me! THANK YOU!
@jerall1061
@jerall1061 8 лет назад
Remember, the role of every white male is ask stupid questions that woman have to deal with. This video reminds of of the annoying soap commercials.
@xanderk84
@xanderk84 7 лет назад
Very clear, thank you. Nice use of animation in this video.
@ramielwan48
@ramielwan48 3 года назад
As much as this explanation was simple as much as it was complex for the creator to produce. Appreciate the well put explanation.
@DrNic
@DrNic 3 года назад
Thanks - it can be difficult to make things seem simple. My son did a great job with the editting too.
@shekharkaul
@shekharkaul 7 лет назад
This video is really very helpful. Thanks :)
@xalamukanibaloyi1500
@xalamukanibaloyi1500 8 лет назад
thank u
@omeid1618
@omeid1618 10 лет назад
Super
@johnstuart6002
@johnstuart6002 7 лет назад
These are really well done videos!
@vladimir_rize
@vladimir_rize 4 года назад
one of the best explanation ever!
@DrNic
@DrNic 4 года назад
Glad it was helpful!
@thinkingai6017
@thinkingai6017 4 года назад
I learned more in 5 minutes than I did the past 2 weeks
@DrNic
@DrNic 4 года назад
That is great to hear. You probably had most of the ideas already and this video helps to organise them for you. Good luck in the rest of your studies. You can find our videos organised here: creativemaths.net/videos/
@thinkingai6017
@thinkingai6017 4 года назад
@@DrNic Thank you!
@tejas6211
@tejas6211 Год назад
why are we using t values here to define the confidence interval l ? cant we use the z values or z score to find confidence interval ?
@AwesomeMan-wb5dt
@AwesomeMan-wb5dt 6 лет назад
Super clearly explained and very handy, thanks.
@iKylaAwesome
@iKylaAwesome 8 лет назад
I finally got it! Thank you!
@dineshkumarmurugan3281
@dineshkumarmurugan3281 7 лет назад
Thank you so much :) this saved my life
@qiaogao4251
@qiaogao4251 4 года назад
Thanks a lot! Your explanation is quite clear and simple. I really like the way you explain every details of the concept with examples.
@DrNic
@DrNic 4 года назад
You're very welcome! I do think really hard about these videos.
@fpscppscofficialdoctor3061
@fpscppscofficialdoctor3061 4 года назад
Infinity times best lectures ❤️❤️❤️❤️
@johnnguyen3115
@johnnguyen3115 10 лет назад
excellent!
@juozsx
@juozsx 5 лет назад
Where can you find that "t" table?
@DrNic
@DrNic 5 лет назад
Most statistics text books have t tables and you can also download them.
@PharmaEducation1
@PharmaEducation1 3 года назад
Hi, Dr Nic, today I truly understood CI 95%. And I am 95% assured to have your channel subscribed is the only best option. :D
@DrNic
@DrNic 3 года назад
Excellent!
@saimak7079
@saimak7079 6 лет назад
You don't explain how you're supposed to work out the margin of error
@hiviamunugama
@hiviamunugama 8 лет назад
Thanks a lot. This actually helped. :D
@PianoSkyCloud
@PianoSkyCloud 4 года назад
The statement (at 2.48): " We are 95% confident that the population mean lies within this interval" is a BAYESIAN principle, whereas the construction of the confidence interval as demonstrated here is a FREQUENTIST's principle. Note (from here, en.wikipedia.org/wiki/Confidence_interval , section "Misunderstandings"): __"A 95% confidence level does not mean that for a given realized interval there is a 95% probability that the population parameter lies within the interval"__
@DrNic
@DrNic 4 года назад
Thanks for that.
@fernandoarthurmesquitagome5066
I loved the video. Very elucidative and ludic...
@tarunipaskaran2276
@tarunipaskaran2276 4 года назад
Thank you so much❤️ You saved me from going depressed lol
@DrNic
@DrNic 4 года назад
I am very happy to hear that. It's only statistics, after all.
@mikemcmorris6078
@mikemcmorris6078 Год назад
Epic approach to teaching, keen knowledge of learner needs, and effortless ability to teach complex concepts simply through common sense illustration. Respect for Dr. Nic!! So helpful, thank you.
@DrNic
@DrNic Год назад
Thanks - It has taken several years of teaching this material to get to this point. Nice it seems effortless.
@SouravDas-eg8ok
@SouravDas-eg8ok 4 года назад
great video. the idea goes into my head very easily which I hardly can forget :)
@DrNic
@DrNic 4 года назад
Perfect!
@93gursimranjot
@93gursimranjot 8 лет назад
that was different : : : I like different. :)
@fernandou1704
@fernandou1704 4 года назад
Your videos are remarkably clear. Much better than many lecturers' I've had. Just a quick comment/question: my Harvard graduate Ph.D. in Epidemiology big head professor told me that I shouldn't make the assumption that "we are 95% confident that this interval contains the true value of the population" because this definition only applies when we are thinking of a hypothetical infinite number of samples (re-sampling/frequentist statistics approach) but never to any specific sample alone. Therefore, the explanation of minute 4:34 would be correct based on what he explained to me, but what you said a few seconds earlier (in minute 4:25) would be imprecise due to this technicality because we can only say this when we are considering broad re-sampling (but never for our single sample). Would you say that he might be correct when saying this? Thanks a lot. Your contribution to people you want to understand statistics is truly enormous with such clear videos!
@DrNic
@DrNic 4 года назад
For any specific sample, providing it is random and representative of the population in question, we can say that we are 95% confident that a 95% confidence interval will surround the population mean. The explanation of 4:34 is the statistical meaning of "95% confident". We do not take more than one sample in any instance, so this is the correct interpretation of a single confidence interval. There is always a tension between very very precise definitions and definitions that are useful and useable.
@samkab677
@samkab677 6 лет назад
Why not Z instead of T ?
@DrNic
@DrNic 6 лет назад
In order to use Z you need to know the population standard deviation or have a large sample. If you know the population standard deviation you wouldn't be finding a confidence interval as you would already know the mean. If you have a large sample, the t statistic becomes the Z statistics so you don't have to worry.
@gonzaloalvarez3084
@gonzaloalvarez3084 7 лет назад
On a table I refer to, for a sample size of 15 and confidence level of 95%, I get 2.131, your t value of 2.145 appears but for a sample size of 14. However, the explanation is fantastic.
@DrNic
@DrNic 7 лет назад
Thanks. The number in the t-table is the degrees of freedom. For a confidence interval for a mean, the degrees of freedom is n-1 (or the sample size minus 1). That is why we look up 14, not 15. I realise at 2:25 this is a little confusing. At 2:14 I did put in that df is sample size - 1.
@TheMerahi
@TheMerahi 2 года назад
How awesome. I am seeing this video before my epidemiology and i am sure i ll b man of the match. Dr. Dr. Nic, I automatically subscribed to your channel. Plus , i am also impressed by the quality of the video. i wanna know how such very attractive videos are prepared. I need somebody's answer
@DrNic
@DrNic 2 года назад
I'm glad you appreciate the videos. If you become a channel member you get access to even more of them. We use Adobe Premiere Pro for editing.
@PP-io7qs
@PP-io7qs 6 лет назад
Brilliantly Done! Thank You!!
@AsitKumar001
@AsitKumar001 4 года назад
Your video is great, lot easier to understand. But, i got confused at 1.55. As you said that more confident we are, larger the CI will be.. If we have more information then our CI should be small. As more information we have more confident we will be. Therefore our CI should be small..
@DrNic
@DrNic 4 года назад
This is a common source of confusion. The point is that we do not have more information. We are using the same information and we want to be more confident of including the population parameter in the interval, so we make it wider. Think of it as a net - to be more likely to catch something, we make the net bigger.
@shivaprasadreddykayithi
@shivaprasadreddykayithi Год назад
This was a preety helpful video. I have got one small request. I want to know from where you have calculated the t value and how you have calculated. I have tried few 't' charts but nothing was helpful. Hoping you will be able to help me.
@DrNic
@DrNic Год назад
2.145 is the t value for a sample of 15 (which means 14 degrees of freedom) and a confidence level of 95%. You can get it from a table or use a spreadsheet to find it. In Excel you would put =T.INV.2T(0.05,14). It is the inverse t distribution with 5% outside the confidence interval (as there is 95% inside) and the degrees of freedom comes to 15 - 1 = 14.
@akashdeepchoudhury6092
@akashdeepchoudhury6092 9 лет назад
Thnx for the video. a small question..In this formula, the confidence interval is independent of the population. Will the confidence interval not vary for taking for a sample of 15 apples out of a population of 100 apples compared to 15 out of population of say 10000 apples? In case the population has been taken into account, which part of the formula caters that?
@DrNic
@DrNic 9 лет назад
+Akash Deep Choudhury You are quite correct, but the finite population correction is used then. At a basic level we assume that the population is big enough for it not to matter. If we are concerned about the relative size of the sample to the population, we should use a “finite population correction factor”. This only makes an appreciable difference when the population is small (less than about 1000) and the sample is more than 20% of the population. The finite population correction factor is the square root of the proportion of the population that isn’t sampled. So if we had a population of 1000, and sampled 200 of them, then the correction factor would be the square root of 0.8 = 0.89. If the population is 10000 and we sample 1000, then the correction factor is 0.95. This correction factor is applied to the standard error, so that in the traditional confidence intervals, it would decrease the confidence intervals by that amount.
@021_shariqueimam_pgib2
@021_shariqueimam_pgib2 5 лет назад
very nicely explained ....tysm
@awaisahmad5908
@awaisahmad5908 Год назад
Thank you so much Dr. You are the best teacher. I have learned alot in your demonstration. Now i have cleared concepts about confidence interval and point estimator, standard error of mean and t value.
@DrNic
@DrNic Год назад
Glad to hear that
Далее
What are confidence intervals? Actually.
24:03
Просмотров 144 тыс.
Teeth gadget every dentist should have 😬
00:20
Просмотров 880 тыс.
🦊🎀
00:16
Просмотров 376 тыс.
ПОЮ ВЖИВУЮ🎙
3:19:12
Просмотров 881 тыс.
Confidence Interval [Simply explained]
5:34
Просмотров 552 тыс.
Confidence levels in confidence intervals
4:03
Просмотров 45 тыс.
Confidence Intervals: Crash Course Statistics #20
13:02
Confidence Interval for a Mean using Excel
3:11
Просмотров 30 тыс.
Teach me STATISTICS in half an hour! Seriously.
42:09
Confidence Intervals for One Population Variance
9:56
Просмотров 138 тыс.
Teeth gadget every dentist should have 😬
00:20
Просмотров 880 тыс.