Use Confidence Intervals to determine a best estimate of the range of a population mean based on the sample mean. A 95% Confidence Interval will be correct 95% of the time.
My teacher who was trying to teach us this content had over an hours' worth of content that still failed to accurately explain how to do this, your video was so much more helpful, thank you!
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I've seen other sources that state you can't estimate the mean with such a small sample size (n=14) unless you already know the original population data is normally distributed. That requirement was not mentioned anywhere in this video.
I feel like I am not learning much in my current statistics class. CZcams has become my new professor and the only way I am understanding it which is sad. 😢
Thank you that was very clear. I am trying to understand what it means when someone says something like "that is one standard deviation out" when talking about outliers in a population. I heard it in relation to the distribution of IQ results and the challenges faced by people with an IQ at a certain (low) level?
Compute for the minimum sample size using an appropriate formula. Assume that no similar study has been previously done and that the level of variability is unknown. Use 2% level of precision and 90% level of confidence. Could you please explain this to me sir!
Why do we indicate the t values on the curve? Shouldn't we be indicating the upper and lower limits (i.e. in this case 992.95 and 999.47) there instead?
good, so now i know how to calculate it, BUT why is it called confidence interval? it is just taking properties of my limited sample and multiplying it with bell curve properties to simulate that my data somehow magically is enough data so that i can reliably tell me by adding normal distribution properties mechanics, that it can tell me the chance that the populatin mean lies between these 2 values. sounds pretty daring. i have no clue yet ehy this works or should be true, and under which circumstances.
My teacher who was trying to teach us this content had over an hours' worth of content that still failed to accurately explain how to do this, your video was so much more helpful, thank you!
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Thank you Dr. O'Loughlin! Wonderfully clear explanation.
Thank you. You manual calculation videos are really show the essence of statistics. I always use Minitab to analysis data, actually don't understand how to get the results. Your video helps a lot.
Thank you, Professor! You helped me out so much on this problem. Many thanks!
Thank you so much😭 I’m doing my assignment right now and couldn’t understand the teacher that was supposed to teach me this. Thank you for such clarity in how it’s done.
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Thank you so much for your help. Im in the middle of confusion and some how your way of teaching, talking and interpreting make me feel safe and calm. Like everything all have its solution. I know its sound rediculous but thanks again.
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I've seen other sources that state you can't estimate the mean with such a small sample size (n=14) unless you already know the original population data is normally distributed. That requirement was not mentioned anywhere in this video.
Isnt the t distribution for that? Wouldnt it be a z value for n>30 (im genuinely confused so pls weigh in lol)
@@diminarchy yes, that’s the exact reason why we use t-dist. We also don’t use T If we are given the population standard deviation.
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Really helpful! How to calculate confidence intervals of variance (n under 30)?
I feel like I am not learning much in my current statistics class. CZcams has become my new professor and the only way I am understanding it which is sad. 😢
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what if your degrees of freedom is 199? how do we find the values there?
Thank you so much Sir
Thank you that was very clear. I am trying to understand what it means when someone says something like "that is one standard deviation out" when talking about outliers in a population. I heard it in relation to the distribution of IQ results and the challenges faced by people with an IQ at a certain (low) level?
Very useful sir❤
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Compute for the minimum sample size using an appropriate formula. Assume that no similar study has been previously done and that the level of variability is unknown. Use 2% level of precision and 90% level of confidence. Could you please explain this to me sir!
Why do we indicate the t values on the curve? Shouldn't we be indicating the upper and lower limits (i.e. in this case 992.95 and 999.47) there instead?
what if it is not mean but a sample space, the sample space cannot be seen in degree of freedom. which is 47
very helpful!
good, so now i know how to calculate it, BUT why is it called confidence interval? it is just taking properties of my limited sample and multiplying it with bell curve properties to simulate that my data somehow magically is enough data so that i can reliably tell me by adding normal distribution properties mechanics, that it can tell me the chance that the populatin mean lies between these 2 values. sounds pretty daring. i have no clue yet ehy this works or should be true, and under which circumstances.