S5E13 The Confidence Interval's Tale
Quantitude
00:00
Constructing Confidence Intervals for Asymmetric Distributions
This chapter discusses the construction of confidence intervals for statistics that do not follow a symmetric distribution. The speakers explain how asymmetry can affect the interpretation of confidence intervals and mention examples such as correlation coefficients and variances. They discuss different ways to handle this issue, including relying on mathematical knowledge of the distribution and using bootstrapping techniques.
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