COMPSCI C8 Lecture 22: Lecture 22, Confidence Intervals

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Computing percentiles s = [1, 7, 3, 9, 5], percentile(80, s) is 7. The pth percentile is the value in a set that is at least as large as p% of the elements in the set. Function in the datascience module: percentile(p, values) Returns the pth percentile of the array. If you have a (cid:272)e(cid:374)sus, just (cid:272)al(cid:272)ulate the para(cid:373)eter a(cid:374)d you"re do(cid:374)e. If you do(cid:374)"t have a (cid:272)e(cid:374)sus: take a random sample from the population, use a statistic as an estimate of the parameter. But the random sample could have come out differently. And so the estimate could have been different. The variability of the estimate tells us something about how accurate the estimate is. To get many values of the estimate, we needed many random samples. Ca(cid:374)"t go (cid:271)a(cid:272)k a(cid:374)d sample again from the population: no time, no money. A technique for simulating repeated random sampling.

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