Confidence Intervals: Crash Course Statistics #20 - Videos

35
256

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.

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Mark Brouwer, Glenn Elliott, Justin Zingsheim, Jessica Wode, Eric Prestemon, Kathrin Benoit, Tom Trval, Jason Saslow, Nathan Taylor, Divonne Holmes à Court, Brian Thomas Gossett, Khaled El Shalakany, Indika Siriwardena, SR Foxley, Sam Ferguson, Yasenia Cruz, Eric Koslow, Caleb Weeks, Tim Curwick, Evren Türkmenoğlu, D.A. Noe, Shawn Arnold, Ruth Perez, Malcolm Callis, Ken Penttinen, Advait Shinde, Cody Carpenter, Annamaria Herrera, William McGraw, Bader AlGhamdi, Vaso, Melissa Briski, Joey Quek, Andrei Krishkevich, Rachel Bright, Alex S, Mayumi Maeda, Kathy & Tim Philip, Montather, Jirat, Eric Kitchen, Moritz Schmidt, Ian Dundore, Chris Peters, Sandra Aft

Want to find Crash Course elsewhere on the internet?
Facebook – http://www.facebook.com/YouTubeCrashCourse
Twitter – http://www.twitter.com/TheCrashCourse
Tumblr – http://thecrashcourse.tumblr.com
Support Crash Course on Patreon: http://patreon.com/crashcourse

CC Kids: http://www.youtube.com/crashcoursekids

source

35 COMMENTS

  1. One thing that's really confusing: given a sample and then calculating a 95% confidence interval for that sample, you cannot say that there is a 95% chance that the population mean is within that confidence interval. This is because every sample has other features besides mean and standard deviation that will determine how likely it is that the mean will fall within that confidence interval. If we just use the mean and standard deviation, the 95% confidence interval is the best guess we can make for where the mean will fall 95% of the time, and indeed for 95% of samples, the mean will fall within our confidence interval. However, if we have the most advanced statistical modelling tools known to man and other features of our sample besides the mean and standard deviation, we would know the exact probability that the population mean is within our confidence interval, which is likely not exactly 95%

  2. The delivery guy will come by on the statistical 11ish. My impression is that computers will fight the indefinite by shooting the delivery guy, due to conservation of time and electricity.

  3. In a paper almost certainly prepared for a statistics class, someone found the mean length of 30 randomly selected top 100 songs from iTunes was 226.93 seconds. Seventy songs of that length will last you through a 4 hour 24 minute marathon.

  4. I should have been more specific. It's the true believers in computers who will fight the indefinite to save time and or electricity, because that's where they came from in the first place.

  5. Dear John and Hank Green,

    I love your channel, I subbed to them all. You're funny, but you also make history and literature fun. As for you, Hank, you make science fun! I saw the other channels (CrashCourse Kids, SciShow, SciShow Kids), and you are awesome.

    Best wishes,

    Your number one fan.

    PS: I watch you guys every single day!

  6. Just realized why I was mesmerized. sss st st sss sh sss st st sss ss I had to work hard on that when I was younger. Good audio since it is normally considered a "distraction"… wait

  7. ah stats… always very intuitive at the beginning. and then becomes less and less intuitive. it's just new terms and formula at some point. there is no "big picture" to help you find where you are or why you are there. anyways, great explanation as always.

LEAVE A REPLY

Please enter your comment!
Please enter your name here