In this video I go over an example that uses percentile confidence interval on the average high school hydration problem that most of you are probably familiar with by now. I go over the steps of how to make the percentile confidence interval and explain how to infer likelihood estimates from it. Lastly, I point out an execution problem that one might face while trying to put this concept to use in the real world and ask if there is a better, more practical way to go about this? Keep watching to find out!
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Percentile Confidence Interval Example - Statistical Inference | NatokHD