Confidence levels in confidence intervals

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Confidence levels such as 90%, 95% and 99% can be confusing. This short video concentrates on the impact of the level of confidence on the width of the confidence interval.
See creativemaths.... for all of Dr Nic's videos organised by topic.
Other videos about confidence intervals are:
Understanding confidence intervals: • Understanding Confiden...
Calculating a confidence interval for a mean using a formula: • Calculating the Confid...
Confidence Intervals using bootstrapping (channel members' special): • Confidence Intervals U...
Calculating a confidence interval for a mean using Excel: • Confidence Interval fo...
A good follow-up to check understanding is the video: Confidence Intervals - a quiz to develop understanding. • Confidence Intervals -...

Опубликовано:

30 сен 2024

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Комментарии : 42

@fizzytothewizzymynizzy 3 года назад

Really insightful and to the point. Thank you for the very well structured content.

@DrNic 3 года назад

You're very welcome! I think hard about my videos so it's nice to be appreciated.

@gauthamambethkar4483 3 года назад

The best video for confidence interval in RU-vid. Thank you so much.

@DrNic 3 года назад

Wow, thank you!

@brazilfootball 3 года назад

Why would we expect 95% of our C.I.'s from many different samples to contain the true population mean?

@DrNic 3 года назад

When we choose that level of confidence, then the Z or t value that we use in the formula ties in with the normal distribution so that we have that level of confidence.

@slemanbisharat6390 2 года назад

Thanks great explanation , regarding confedince level : how do you know if a specific confedince interval contains the population parameter , if we don't know it ( after all we don't know the value of the true parameter ) ?

@DrNic 2 года назад

We don't know if the specific confidence interval contains the population parameter, which is why they are confidence intervals. Sometimes we simulate a real life situation so that we can show what is happening with a known population, but in real life we do not know.

@slemanbisharat6390 2 года назад

@@DrNic yes thank you , indeed with simulations I get the same percentage of coverage

@jishanzaman3421 3 года назад

Recently it was my most important topic !!! Thankss!!

@DrNic 3 года назад

Glad it was helpful!

@dr.ashuroulet7462 3 года назад

Thanks ❤️❤️❤️

@DrNic 3 года назад

You're welcome 😊

@leshowles749 2 года назад

Most of these videos go too fast. Seems to be teaching someone who already has some prior understanding of these concepts but doesn’t address the needs of beginners trying to understand them.

@DrNic 2 года назад

You are correct. You can always pause, slow them down or rewind if you need to.

@nilanjana1588 3 года назад

You did great Mam.

@DrNic 3 года назад

Thanks - it's a tricky concept.

@zaffrihaqimi4059 7 месяцев назад

i appreciate this video a lot 🙏 thank you so much ❤

@DrNic 7 месяцев назад

You're so welcome!

@RaviShankar-jm1qw Год назад

Fairly underrated channel. Dr Nic makes so so complex topics fairly easy to understand!!! Arguably one of the best stats channel out there. Till now before this video, I couldn't very well define Confidence Interval but now I can with ease.

@DrNic Год назад

That is wonderful to hear.

@AlaaElhamrawy 2 года назад

Great explanation, Thank you Dr.Nic

@DrNic 2 года назад

You are welcome!

@eesa6463 3 года назад

Excellent explanation madam. Keep it up you are doing excellent work.

@DrNic 3 года назад

Thanks a lot. I used to get questions about this quite a bit, so I thought a video would be useful.

@navjothsingh6843 3 года назад

Hi Dr Nic, I'm confused about the "net theory". I believe that the narrower is the confidence interval, the more precise will be the values obtained from a sample, thus being generalizable to the population. The more is the confidence level, the higher is the chances to get a precise value, right? So, why wouldn't a higher confidence level cause the interval to be narrower as well, due to a narrower interval give rise to higher accuracy in relation to the population parameter. I find these concepts conflicting, do you mind clearing my doubt? Thank you :)

@DrNic 2 года назад

This is a very common confusion, which is why I use the example of a net. The narrower you make the confidence interval, the less likely it is to contain the true population parameter. It may be more precise but it is also less likely to be correct. Taken to extremes, if you wanted to be 100% confident to include the population parameter, you would make the interval (or net) very wide. Or if you make the interval very small around the sample statistic, it is very precise, but quite likely that it has missed the population parameter. Hope this helps - if not, ask again.

@navjothsingh6843 2 года назад

@@DrNic Ohh i see, I think now I got a better idea on how it works. Thanks Dr. Nic! 😄