Statistics 101: Confidence Interval Estimation, Sigma Known

Описание к видео Statistics 101: Confidence Interval Estimation, Sigma Known

Statistics 101: Confidence Intervals, Population Deviation Known.

In this video, we introduce the concept of a confidence interval for the population mean. A population parameter estimation is never going to be perfect; however, we can quantify its "closeness" in interval form. We are given or are told to assume, the population standard deviation in these examples. Using two short examples and two full-length examples we walk through what a confidence interval is and how to interpret it correctly. Enjoy!

My playlist table of contents, Video Companion Guide PDF documents, and file downloads can be found on my website: https://www.bcfoltz.com

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