WEBVTT

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In this session, we will discuss about confidence in those run for the.

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So let us discuss about an example, so a scientist is interested in monitoring chemical contaminants

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in food.

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And thereby the accumulation of contaminants in human diet.

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Selected a random sample of in equal to four female adults.

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It was found that the average daily intake of dairy products was seven fifty six grams with a standard

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deviation of thirty five grams.

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So here we have the sample size.

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We have the mean value.

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And we have the standard deviation value, which is related to the sample itself.

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Now we need to find out.

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Ninety five percent confidence interval for this.

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So how do we find out 95 percent confidence interval, so we have to find out 95 percent confidence

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interval.

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So it will be equal to X value, the mean value plus and minus the Z value.

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Into the.

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Standard deviation divided by road and.

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Which is the standard deviation of the.

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Actual population.

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So what do we get here?

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We are finding out the value.

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So what is the mean value?

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Seven fifty six.

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And we have, as we have ruled, fafi as the square root of N.

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Which is the sample size and one point nine six is the Z value.

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So how do we find out the Z value?

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These are standard Z values.

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So here we have the standard Z value.

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So we want to have the value as five person.

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The conference in Deauville has to be.

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Ninety five percent of the alpha value will be zero point zero five.

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And for zero point zero five, the corresponding Z score is one point nine six two two point favorite.

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So we can say that only one point nine six.

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So we consider one point nine six.

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So any value which is falling beyond one point nine six is not in our confidence.

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And any value beyond minus one point nine six is again in not confidence.

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So we want to find out only this one area.

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So the value here is one point nine six and one point ninety.

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So we are multiplying one point nine six with the estimated value then, which is the standard error

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value.

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So what do we get?

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So we get.

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Seven for physics, plus minus nine point seven zero, which is the confidence in for.

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This is the confidence interval from you and the confidence level is ninety five percent confident.

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Now, being ninety five percent confident means that if you were to construct a hundred ninety five

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percent confidence intervals from a hundred different random samples out of the hundreds in the woods,

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you expect 95 to capture the true me and five not recapture them.

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In conclusion, you cannot be sure that a specific confidence interval captures the bromine.

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So that is why we find out the confidence and now the margin of error for this estimation is this value

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to Sigma Bond Rubini.

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It determines the precision in the estimation of you for a fixed confidence level, increasing the sample

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size improves the decision of estimation.

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So in case we want to have the.

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Confidence in the world as fixed.

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That is the value we want to give the Z value fixed, then if we want to decrease the value of this

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error.

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So in that case, we will have to increase the value of those campuses.

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Because it is inversely proportional to the error value.

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So if the error value will be less, then this value which we are adding and subtracted from the mean

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value will be lesser.

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And the answer would be more precise.

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Now, a random sample of two hundred nurses is taking on each nurse asked his own her annual income

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in dollars.

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Now, these two hundred nurses have an average income of thirty five thousand.

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With a standard deviation of five thousand, so then the 90 percent confidence will then be gathered.

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This will be thirty four thousand thirty five thousand, which will be eleven and seventy dollars.

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Similarly, 95 percent confidence interval will be.

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Thirty nine dollars and ninety nine percent confidence interval will be.

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One eight three you so you can see when we increase the confidence interval, when we increase the percentage

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of confidence, the size of the confidence interval also increases.

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Now, let us look at different elements affecting the confidence in.

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So when we have the standard error.

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So when the standard error decreases.

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With the increase in the sample size, so the optimal sample size rather than maximum sample size,

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so when the standard error decreases, the confidence interval again would change, then we have standard

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deviation.

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The less variability in the sample, the more precise the estimation in the population and therefore

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the narrower the range of samples will be less variable, then the range will be more narrower.

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And then there is a degree, the more confident we want to be, the higher the confidence interval has

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to be.

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Next, we will discuss about how this is testing.
