This series of mini-tutorials is amazing! Perhaps in the future you can structure this material in a couple of playlists that arranges it in the order it's supposed to be viewed. Thanks again for your work here.
Great video, thanks a lot. I work in customer support organization where we support different types of instuments. Nowadays more and more people participate in inter lab checks,e.g. they get 5 samples and return 10 measurements of each sample and reference lab calculates statistics. Sometimes they fail because of T test. Since ref. lab is not really able to enlighten me what exactly they do, it would really mean a lot if you could show me how you would approach and explain the statistics.
to continue...can one not assume that since the distribution is less/more peak than a normal distribution that the tail will be fatter/thinner, but that it rather depends on the type of distribution?
Thanks for your kind feedback. I agree with you: i think peakedness is not the key feature. IMO, leptokurtosis refers to HEAVY TAIL. And the feature has not to do with the peak, but rather that extreme outcomes are more likely than normal; e.g., =TINV(1%*2, d.f.) < NORMSINV(1%). The student's t is lepto b/c 1% outcomes are further away (conversely, same distance from mean has higher probability). Thanks for good thought! David
Hello David, thanks for posting another great demonstration, everything seems to make sense, however was hoping you could shead some light on a particular issue? It states the T-Distribution is less-peaked than the normal distribution and hence to will have a fatter tail(i.e. more probability in the tails).
Now this is where i start to get confused, because when we deal with a Platykurtosis distribution it states that it less peaked and is characterized with a THIN tail?
Thank you sir...(from a Ph.D. holder)
muellman78 3 months ago
lifesaving as always!!
bigbabbys 3 months ago
Was the Students t distribution developed by a fellow who worked in Guinnesses?
Lisnageeragh 1 year ago
Great video but t alpha is not clear.
baronbaris07 1 year ago
Helped a lot - thanks.
tsugaconcolor 1 year ago
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jiikljhjlcoy6 1 year ago
bionicturtle.. my english isin't good enough to explain how much this video means to me..
imdpower108 1 year ago
This video helped me greatly! Thank you so much for doing this!
AllMightyBoB88 1 year ago
This video is pure gold...thank you so much!
benniboi231 1 year ago
Thank you for explaining this. I am trying to learn econometrics and this helps
metaphysist 2 years ago
good video. are you the voice of microsoft sam lol
goranjebob 2 years ago
TNX a lot; it was very helpful l!!!!
danycapetillo 2 years ago
thank you!
unpocodeam0r 2 years ago
tremendous videos. helpful for curious ppl
hispheekness 2 years ago
Ok, this looks helpful for people that possess MS Office, but how do you calculate the critical t value using just a calculator?
Fishman0671 2 years ago
@Fishman0671 you use the t distribution table and you can find your confidence limit that way
ranagan9 1 year ago
This series of mini-tutorials is amazing! Perhaps in the future you can structure this material in a couple of playlists that arranges it in the order it's supposed to be viewed. Thanks again for your work here.
magikk 2 years ago
Amazing, thank you so much.
mp98 2 years ago
Great video, thanks a lot. I work in customer support organization where we support different types of instuments. Nowadays more and more people participate in inter lab checks,e.g. they get 5 samples and return 10 measurements of each sample and reference lab calculates statistics. Sometimes they fail because of T test. Since ref. lab is not really able to enlighten me what exactly they do, it would really mean a lot if you could show me how you would approach and explain the statistics.
bbavdek 3 years ago
to continue...can one not assume that since the distribution is less/more peak than a normal distribution that the tail will be fatter/thinner, but that it rather depends on the type of distribution?
rfvo 3 years ago
Thanks for your kind feedback. I agree with you: i think peakedness is not the key feature. IMO, leptokurtosis refers to HEAVY TAIL. And the feature has not to do with the peak, but rather that extreme outcomes are more likely than normal; e.g., =TINV(1%*2, d.f.) < NORMSINV(1%). The student's t is lepto b/c 1% outcomes are further away (conversely, same distance from mean has higher probability). Thanks for good thought! David
bionicturtledotcom 3 years ago
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this is good, theres some other good videos on tutormetvdotcom. It helped me with my midterms
ljuarez714 2 years ago
Hello David, thanks for posting another great demonstration, everything seems to make sense, however was hoping you could shead some light on a particular issue? It states the T-Distribution is less-peaked than the normal distribution and hence to will have a fatter tail(i.e. more probability in the tails).
Now this is where i start to get confused, because when we deal with a Platykurtosis distribution it states that it less peaked and is characterized with a THIN tail?
rfvo 3 years ago
i've been viewing some of your videos... all are great and extremely helpful !! big thanks!
elphau 3 years ago
big thanks from a statistic student.
chichat2007 3 years ago
you are an amazing professor
smooth3331 3 years ago
THanks. I´m looking for the Generalized t Distribution. Do you have a class of it?
cesarciro24 3 years ago