Great video! Specially for people who need a refresher on the concepts years out of school :)
@RaeTheActuary3 ай бұрын
best playlist on youtbe
@omaralmabrok73233 жыл бұрын
I like yours way to explain it ❣❣❣
@aishwaryavpkadam3 жыл бұрын
Very helpful video! Nice explanation!
@Anonymous-we4eu3 жыл бұрын
Hi Michelle, Thanks for such a great explanation!....can you pls explain the degrees of freedom part again or make a video on it! Thank you for you efforts!
@Stats4Everyone3 жыл бұрын
Glad you found the video helpful! In general, the degrees of freedom are the number of values that can freely vary. For example, the degrees of freedom "Total" is n - 1. This is because the degrees of freedom "Total" is for the calculation of the sum of (yi - ybar)^2. If I know ybar, and I know y1, y2, ... yn-1, I do not need to know yn because I can find yn using the sample mean, ybar. Therefore, for the calculation of the sum of (yi - ybar)^2, there are n-1 freely varying values. If you have a follow-up question to this, or if I misunderstood the question, please let me know. There is a lot to discuss when it comes to degrees of freedom :-)
@Anonymous-we4eu3 жыл бұрын
@@Stats4Everyone Great explanantion!!Thank you so much for your response and such an amazing content!
@namhainguyen65412 жыл бұрын
@@Stats4Everyone hi, I have misunderstood the term degrees of freedom too. Can you explain why we consider that we have already known y(bar) when calculating degree of freedom? I think y(bar) is the average of y in n-observations, so y(bar) should be random like y, then we cannot known y(bar). Btw thanks for your video.
@abu-bakrmohamed1707 Жыл бұрын
@@namhainguyen6541 The degree of freedom "Total" , is the number of variables that can take on any value in this equation (yi - ybar)^2 , in this equation we need to estimate ybar first , so ybar = sum(yi)/n , after calculating this we lost the ability to freely change one value of all values of y, that is because one value has to adapt for the change in other values , for example if we have a variable that is like this {2,4,1,5} when calculating the mean it is equal 12/4 = 3 , so after we calculated ybar here, the question is how many values in the set can be changed while having the same value of ybar ? , only 3 of them can change and the last one must adapt to that change to have the same ybar. or in other words to have sum(yi-ybar) add to zero . so if we didn't estimate the mean and we had the population mean , we can change all 4 values freely and we won't loose any degrees of freedom because all the values in the set don't need to add up to zero .
@NavruzbekAzzamov2 жыл бұрын
clear explanation, THANK YOU
@keltoumahmide39162 ай бұрын
how do we calculate ignificance f 5
@nessa2blacks3 жыл бұрын
Thank you SO MUCH
@chidanandasamal9121 Жыл бұрын
@Stats4Everyone Hi Mam, Great explanation
@FRUXT3 жыл бұрын
Great video, however I got 6 or 7 ads during the video ... Unbearable.