DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Introduction to resampling methods
Tushar Shanker Data Scientist DataCamp Statistical Simulation in Python
Resampling workflow DataCamp Statistical Simulation in Python
Why resample?
Advantages Drawbacks
Simple implementation procedure. Computationally expensive. Applicable to complex estimators. No strict assumptions. DataCamp Statistical Simulation in Python
Types of resampling methods DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Let's practice! DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Bootstrapping
Tushar Shanker Data Scientist DataCamp Statistical Simulation in Python
Easter eggs DataCamp Statistical Simulation in Python
Easter eggs DataCamp Statistical Simulation in Python
Bootstrapping Easter eggs DataCamp Statistical Simulation in Python
Bootstrapped distribution DataCamp Statistical Simulation in Python
Bootstrap - Good to know
Run at least 5-10k iterations. Expect an approximate answer. Consider bias correction. DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Let's practice! DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Jackknife resampling
Tushar Shanker Data Scientist DataCamp Statistical Simulation in Python
Easter eggs DataCamp Statistical Simulation in Python
Easter eggs DataCamp Statistical Simulation in Python
Jackknifing Easter eggs DataCamp Statistical Simulation in Python
Jackknife estimate
Jackknife Estimate
Variance of Jackknife Estimate DataCamp Statistical Simulation in Python
Jackknife vs Bootstrap
Jackknife Bootstrap
Mean Weight = 51g Mean Weight = 50.8g 95% CI = [33.36g, 68.64g] 95% CI = [35g, 67.03g] DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Let's practice! DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Permutation testing
Tushar Shanker Data Scientist DataCamp Statistical Simulation in Python
Steps involved DataCamp Statistical Simulation in Python
Steps involved DataCamp Statistical Simulation in Python
Discussion ADVANTAGES DRAWBACKS
Very flexible Computationally Expensive No strict assumptions Custom coding required Widely applicable DataCamp Statistical Simulation in Python
Donation website DataCamp Statistical Simulation in Python
STATISTICAL SIMULATION IN PYTHON
Let's practice!