Lesson 7 of 10 • 5 upvotes • 8:00mins
This is in continuation of the last lesson. In the last lesson, we did testing at 5% significance level. In this lesson we focus on testing at 1%significance level and why it is better to test at 1% rather than at 5%. It also throws light on when we should take which test. It is being explained with an example for a better understanding.
10 lessons • 1h 8m
Discrete Random Variables
7:03mins
Population Variance Of Discrete Random Variables
5:44mins
Population Covariance And Correlation
6:45mins
Understanding Of Sampling And Estimators
9:44mins
Estimators Of Variance, Covariance And Correlation
6:05mins
Overview Of Hypothesis Testing
5:27mins
Hypothesis Testing At 1% Significance Level
8:00mins
Proofs Of Variance And Covariance Rules
8:17mins
Exercise On The Concept Of Expected Value And Variance
6:04mins
Exercises On The Concept Of Unbiasedness And Efficiency
5:28mins