Introduction to Resampling Methods

Introduction to Resampling Methods

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!.

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