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Calculating Power

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Uploaded by on Jun 13, 2011

How to calculate beta and power.

Stoney Pryor

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Education

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Standard YouTube License

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Uploader Comments (StoneyP94)

  • Hi, great video, please can you let me know how you calculated the probability of 0.0005? thanks

  • @MrDanrobbins I used the TI-83 calculator to find the area between the two "fences". I used normalcdf(-7.273,-3.268). If you used a table you would likely see the area to the left of -3.27 is 0.0005 and the other is negligible.

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  • Thank you very much!!!!

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