DataCamp Statistical Simulation in Python

STATISTICAL SIMULATION IN PYTHON

Introduction to methods

Tushar Shanker 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 . 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 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!