
S4E15 Flipping Our Hypotheses to Test Equivalence
Quantitude
00:00
How to Calculate a Confidence Interval
If you have a factor loading that has a leading digit of zero, nobody cares. You could be convinced there actually is a nonzero correlation if it was something sufficiently positive or negative. So how would we go about figuring that out? There are hypothesis testing ways to do it. But I think there's a very easy way to think about it just in terms of confidence intervals.
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