Crash course statistics. Confidence intervals.
Today we're going to talk about confidence intervals. Confidence intervals allow us to quantify our uncertainty, by allowing us to define a range of values for our predictions and assigning a likelihood that something falls within that range. And confidence intervals come up a lot like when you...
| Format: | Video |
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| Language: | English |
| Language Notes: | In English. |
| Published: |
[Place of publication not identified] :
Crash Course Statistics,
2018.
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| Series: | Academic Video Online
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| Subjects: | |
| Online Access: | Connect to this streaming video (Alexander Street Press) |
| Summary: | Today we're going to talk about confidence intervals. Confidence intervals allow us to quantify our uncertainty, by allowing us to define a range of values for our predictions and assigning a likelihood that something falls within that range. And confidence intervals come up a lot like when you get delivery windows for packages, during elections when pollsters cite margin of errors, and we use them instinctively in everyday decisions. But confidence intervals also demonstrate the tradeoff of accuracy for precision - the greater our confidence, usually the less useful our range. |
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| Item Description: | Title from resource description page (viewed April 7, 2022). |
| Physical Description: | 1 online resource (13 minutes) |
| Playing Time: | 00:12:20 |