Confidence levels in confidence intervals

Поділитися
Вставка
  • Опубліковано 27 вер 2024
  • Confidence levels such as 90%, 95% and 99% can be confusing. This short video concentrates on the impact of the level of confidence on the width of the confidence interval.
    See creativemaths.... for all of Dr Nic's videos organised by topic.
    Other videos about confidence intervals are:
    Understanding confidence intervals: • Understanding Confiden...
    Calculating a confidence interval for a mean using a formula: • Calculating the Confid...
    Confidence Intervals using bootstrapping (channel members' special): • Confidence Intervals U...
    Calculating a confidence interval for a mean using Excel: • Confidence Interval fo...
    A good follow-up to check understanding is the video: Confidence Intervals - a quiz to develop understanding. • Confidence Intervals -...

КОМЕНТАРІ • 42

  • @RaviShankar-jm1qw
    @RaviShankar-jm1qw Рік тому +2

    Fairly underrated channel. Dr Nic makes so so complex topics fairly easy to understand!!! Arguably one of the best stats channel out there. Till now before this video, I couldn't very well define Confidence Interval but now I can with ease.

    • @DrNic
      @DrNic  Рік тому

      That is wonderful to hear.

  • @fizzytothewizzymynizzy
    @fizzytothewizzymynizzy 3 роки тому +2

    Really insightful and to the point. Thank you for the very well structured content.

    • @DrNic
      @DrNic  3 роки тому +1

      You're very welcome! I think hard about my videos so it's nice to be appreciated.

  • @jishanzaman3421
    @jishanzaman3421 3 роки тому +1

    Recently it was my most important topic !!! Thankss!!

    • @DrNic
      @DrNic  3 роки тому +1

      Glad it was helpful!

  • @BlakLotus
    @BlakLotus 2 роки тому

    These explanations are SOO GOOD!!!!!!

    • @DrNic
      @DrNic  2 роки тому

      Glad you like them!

  • @amandhakal8939
    @amandhakal8939 2 роки тому

    Excellent, Excellent, Excellent, Excellent

    • @DrNic
      @DrNic  2 роки тому

      Many many thanks

  • @AlaaElhamrawy
    @AlaaElhamrawy 2 роки тому

    Great explanation, Thank you Dr.Nic

    • @DrNic
      @DrNic  2 роки тому

      You are welcome!

  • @nilanjana1588
    @nilanjana1588 3 роки тому +1

    You did great Mam.

    • @DrNic
      @DrNic  3 роки тому

      Thanks - it's a tricky concept.

  • @slemanbisharat6390
    @slemanbisharat6390 2 роки тому +1

    Thanks great explanation , regarding confedince level : how do you know if a specific confedince interval contains the population parameter , if we don't know it ( after all we don't know the value of the true parameter ) ?

    • @DrNic
      @DrNic  2 роки тому +1

      We don't know if the specific confidence interval contains the population parameter, which is why they are confidence intervals. Sometimes we simulate a real life situation so that we can show what is happening with a known population, but in real life we do not know.

    • @slemanbisharat6390
      @slemanbisharat6390 2 роки тому

      @@DrNic yes thank you , indeed with simulations I get the same percentage of coverage

  • @eesa6463
    @eesa6463 3 роки тому

    Excellent explanation madam.
    Keep it up you are doing excellent work.

    • @DrNic
      @DrNic  3 роки тому +1

      Thanks a lot. I used to get questions about this quite a bit, so I thought a video would be useful.

  • @brazilfootball
    @brazilfootball 3 роки тому +1

    Why would we expect 95% of our C.I.'s from many different samples to contain the true population mean?

    • @DrNic
      @DrNic  3 роки тому +1

      When we choose that level of confidence, then the Z or t value that we use in the formula ties in with the normal distribution so that we have that level of confidence.

  • @navjothsingh6843
    @navjothsingh6843 2 роки тому

    Hi Dr Nic, I'm confused about the "net theory". I believe that the narrower is the confidence interval, the more precise will be the values obtained from a sample, thus being generalizable to the population.
    The more is the confidence level, the higher is the chances to get a precise value, right? So, why wouldn't a higher confidence level cause the interval to be narrower as well, due to a narrower interval give rise to higher accuracy in relation to the population parameter.
    I find these concepts conflicting, do you mind clearing my doubt? Thank you :)

    • @DrNic
      @DrNic  2 роки тому +5

      This is a very common confusion, which is why I use the example of a net. The narrower you make the confidence interval, the less likely it is to contain the true population parameter. It may be more precise but it is also less likely to be correct. Taken to extremes, if you wanted to be 100% confident to include the population parameter, you would make the interval (or net) very wide. Or if you make the interval very small around the sample statistic, it is very precise, but quite likely that it has missed the population parameter.
      Hope this helps - if not, ask again.

    • @navjothsingh6843
      @navjothsingh6843 2 роки тому +2

      @@DrNic Ohh i see, I think now I got a better idea on how it works. Thanks Dr. Nic! 😄

  • @eslamabdalmonem8457
    @eslamabdalmonem8457 2 роки тому

    many thanks Doctor

    • @DrNic
      @DrNic  2 роки тому

      Any time

  • @hermanfs164
    @hermanfs164 3 роки тому

    Very good! Thanks

    • @DrNic
      @DrNic  3 роки тому

      Glad you liked it!

  • @k.daniellenelson6664
    @k.daniellenelson6664 3 роки тому

    Thank you

    • @DrNic
      @DrNic  3 роки тому

      You are most welcome

  • @gauthamambethkar4483
    @gauthamambethkar4483 3 роки тому +2

    The best video for confidence interval in UA-cam. Thank you so much.

    • @DrNic
      @DrNic  3 роки тому +1

      Wow, thank you!

  • @melesedesalegn2472
    @melesedesalegn2472 2 роки тому

    i like it

    • @DrNic
      @DrNic  2 роки тому

      Glad to hear it

  • @jaykylehd20
    @jaykylehd20 3 роки тому

    Confidence interval sucks

    • @DrNic
      @DrNic  3 роки тому +2

      They seem really tricky to start with, but the more you use them, the clearer it becomes. Watch the whole playlist and you should get a clearer idea.

  • @dr.ashuroulet7462
    @dr.ashuroulet7462 3 роки тому +2

    Thanks ❤️❤️❤️

    • @DrNic
      @DrNic  3 роки тому

      You're welcome 😊

  • @leshowles749
    @leshowles749 2 роки тому

    Most of these videos go too fast. Seems to be teaching someone who already has some prior understanding of these concepts but doesn’t address the needs of beginners trying to understand them.

    • @DrNic
      @DrNic  2 роки тому

      You are correct. You can always pause, slow them down or rewind if you need to.

  • @zaffrihaqimi4059
    @zaffrihaqimi4059 7 місяців тому

    i appreciate this video a lot 🙏 thank you so much ❤

    • @DrNic
      @DrNic  7 місяців тому

      You're so welcome!