Bootstrap Confidence Interval with Examples | Statistics Tutorial #36 | MarinStatsLectures

Bootstrap Confidence Interval: How to Do Confidence Interval with the Bootstrap; the Concept! 👉🏼Related R Video: How to Construct Confidence Interval with Bootstrap with R (https://bit.ly/2Ijnkqv) Bootstrapping in Statistics and with R Video Series: https://bit.ly/2GL6AYS 👍🏼Best Statistics & R Tutorials: ( https://goo.gl/4vDQzT )
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in this statistics video, we learn to use the bootstrap to construct confidence intervals while working through examples.

► Bootstrapping in statistics is a resampling based approach useful for estimating the sampling distribution and standard error of an estimate.

► Bootstrapping provides an alternative approach to approaches based on large sample theory (you may recall that many approaches rely on having a large n in order to carry out the method).
► Bootstrapping becomes particularly useful when dealing with more complicated estimates, where their standard error may not be easily calculated.
► Many classes approach make inferences about means/medians, etc. Bootstrapping opens the door to working with much more interesting, and informative estimates.

► ► Watch More:

►Bootstrapping in Statistics and with R Video Series: https://bit.ly/2GL6AYS
►Intro to Statistics Course: https://bit.ly/2SQOxDH
►Data Science with R https://bit.ly/1A1Pixc
►Getting Started with R (Series 1): https://bit.ly/2PkTneg
►Graphs and Descriptive Statistics in R (Series 2): https://bit.ly/2PkTneg
►Probability distributions in R (Series 3): https://bit.ly/2AT3wpI
►Bivariate analysis in R (Series 4): https://bit.ly/2SXvcRi
►Linear Regression in R (Series 5): https://bit.ly/1iytAtm
►ANOVA Concept and with R https://bit.ly/2zBwjgL
►Hypothesis Testing: https://bit.ly/2Ff3J9e
►Linear Regression Concept and with R Lectures https://bit.ly/2z8fXg1

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Thanks for watching! Have fun and remember that statistics is almost as beautiful as a unicorn!