This video gives a unified explanation of power so that you can integrate it in real world analyses.
Basic knowledge of statistics and programming is assumed.
00:00 Motivation
02:11 Power definition (Normal approximation)
11:15 Power calculation examples with app.
18:51 How to simulate null distribution of effects
25:09 Definition using the empirical distribution of null effects
28:49 Finding the MDE in practice (root-finding)
30:53 A few examples with pure simulation approach + conclusion
One equation to compute power and the minimum detectable effect (normal assumption).
Simulate a null distribution from operational data.
Solve for the MDE with the empirical distribution of effects.
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(Statistical) power in practice: One equation | NatokHD