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DataCamp Statistical Simulation in Python
Introduction to resampling methods
STATISTICAL SIMULATION IN PYTHON
DataCamp Statistical Simulation in Python
Introduction to resampling methods Tushar Shanker Data Scientist - - PowerPoint PPT Presentation
Introduction to resampling methods Tushar Shanker Data Scientist - - PowerPoint PPT Presentation
DataCamp Statistical Simulation in Python STATISTICAL SIMULATION IN PYTHON Introduction to resampling methods Tushar Shanker Data Scientist DataCamp Statistical Simulation in Python Resampling workflow DataCamp Statistical Simulation in
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DataCamp Statistical Simulation in Python
Why resample?
Advantages Simple implementation procedure. Applicable to complex estimators. No strict assumptions. Drawbacks Computationally expensive.
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DataCamp Statistical Simulation in Python
Types of resampling methods
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DataCamp Statistical Simulation in Python
Let's practice!
STATISTICAL SIMULATION IN PYTHON
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DataCamp Statistical Simulation in Python
Bootstrapping
STATISTICAL SIMULATION IN PYTHON
Tushar Shanker
Data Scientist
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DataCamp Statistical Simulation in Python
Easter eggs
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DataCamp Statistical Simulation in Python
Easter eggs
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DataCamp Statistical Simulation in Python
Bootstrapping Easter eggs
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DataCamp Statistical Simulation in Python
Bootstrapped distribution
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DataCamp Statistical Simulation in Python
Bootstrap - Good to know
Run at least 5-10k iterations. Expect an approximate answer. Consider bias correction.
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DataCamp Statistical Simulation in Python
Let's practice!
STATISTICAL SIMULATION IN PYTHON
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DataCamp Statistical Simulation in Python
Jackknife resampling
STATISTICAL SIMULATION IN PYTHON
Tushar Shanker
Data Scientist
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DataCamp Statistical Simulation in Python
Easter eggs
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DataCamp Statistical Simulation in Python
Easter eggs
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DataCamp Statistical Simulation in Python
Jackknifing Easter eggs
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DataCamp Statistical Simulation in Python
Jackknife estimate
Jackknife Estimate Variance of Jackknife Estimate
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DataCamp Statistical Simulation in Python
Jackknife vs Bootstrap
Jackknife Mean Weight = 51g 95% CI = [33.36g, 68.64g] Bootstrap Mean Weight = 50.8g 95% CI = [35g, 67.03g]
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DataCamp Statistical Simulation in Python
Let's practice!
STATISTICAL SIMULATION IN PYTHON
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DataCamp Statistical Simulation in Python
Permutation testing
STATISTICAL SIMULATION IN PYTHON
Tushar Shanker
Data Scientist
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DataCamp Statistical Simulation in Python
Steps involved
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DataCamp Statistical Simulation in Python
Steps involved
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DataCamp Statistical Simulation in Python
Discussion
ADVANTAGES
Very flexible No strict assumptions Widely applicable
DRAWBACKS
Computationally Expensive Custom coding required
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DataCamp Statistical Simulation in Python
Donation website
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DataCamp Statistical Simulation in Python
Let's practice!
STATISTICAL SIMULATION IN PYTHON