See complete series on sorting algorithms here:
http://www.youtube.com/playlist?feature=edit_ok&list=PL2_aWCzGMAwKedT2KfDMB9YA5DgASZb3U
In this lesson, we have described insertion sort algorithm and analyzed its time complexity.
Series on Time Complexity analysis:
http://www.youtube.com/playlist?list=PL2_aWCzGMAwI9HK8YPVBjElbLbI3ufctn
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