Bootstrapping Main Ideas!!!
Bootstrapping is one of the simplest, yet most powerful methods in all of statistics. It provides us an easy way to get a sense of what might happen if we could repeat an experiment a bunch of times. It turns point estimates into distributions that can be used to calculate all kinds of stuff, including standard errors, confidence intervals and even p-values. In this video, we show how it can be used to calculate standard errors and confidence intervals. In Part 2, we'll see how to calculate p-values.
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0:00 Awesome song and introduction
2:18 Bootstrapping in action!
4:23 Bootstrapping defined
6:40 Calculating standard errors and confidence intervals with bootstrapping
8:13 What makes bootstrapping so awesome
#StatQuest #Bootstrap #Statistics
Видео Bootstrapping Main Ideas!!! канала StatQuest with Josh Starmer
For a complete index of all the StatQuest videos, check out:
https://statquest.org/video-index/
If you'd like to support StatQuest, please consider...
Patreon: https://www.patreon.com/statquest
...or...
YouTube Membership: https://www.youtube.com/channel/UCtYLUTtgS3k1Fg4y5tAhLbw/join
...a cool StatQuest t-shirt or sweatshirt:
https://shop.spreadshirt.com/statquest-with-josh-starmer/
...buying one or two of my songs (or go large and get a whole album!)
https://joshuastarmer.bandcamp.com/
...or just donating to StatQuest!
https://www.paypal.me/statquest
Lastly, if you want to keep up with me as I research and create new StatQuests, follow me on twitter:
https://twitter.com/joshuastarmer
0:00 Awesome song and introduction
2:18 Bootstrapping in action!
4:23 Bootstrapping defined
6:40 Calculating standard errors and confidence intervals with bootstrapping
8:13 What makes bootstrapping so awesome
#StatQuest #Bootstrap #Statistics
Видео Bootstrapping Main Ideas!!! канала StatQuest with Josh Starmer
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6 июля 2021 г. 9:00:15
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