Why Dividing By N Underestimates the Variance
This is the follow up video to:
Statistics Fundamentals: The Mean, Variance and Standard Deviation
https://youtu.be/SzZ6GpcfoQY
In it, we show exactly why, when we estimate the variance, dividing by 'n' underestimates the value we are interested in. It also describes why we square each term instead of taking the absolute value. The visuals used in this StatQuest make it easy to remember why we should divide by n-1, and this will save us from falling into a very common pitfall.
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
#statquest #variance
Видео Why Dividing By N Underestimates the Variance канала StatQuest with Josh Starmer
Statistics Fundamentals: The Mean, Variance and Standard Deviation
https://youtu.be/SzZ6GpcfoQY
In it, we show exactly why, when we estimate the variance, dividing by 'n' underestimates the value we are interested in. It also describes why we square each term instead of taking the absolute value. The visuals used in this StatQuest make it easy to remember why we should divide by n-1, and this will save us from falling into a very common pitfall.
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
#statquest #variance
Видео Why Dividing By N Underestimates the Variance канала StatQuest with Josh Starmer
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15 июля 2019 г. 23:15:02
00:17:15
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