Excel Statistical Analysis 39: Confidence Intervals: Theory for Estimating Population Parameter

Download Excel File: https://excelisfun.net/files/Ch08-ESA.xlsm PDF notes file: https://excelisfun.net/files/Ch08-ESA.pdf
Learn about theory for why and how we use Confidence Intervals to estimate Population Parameters
Topics:
1. (00:00) Introduction
2. (00:22) Compare what we did in Chapter 7 (Compare Sample Mean to Sampling Distribution Of Sample Means or Standard Normal Curve) and Chapter 8 (Build Confidence Interval to estimate Reasonable Range for Population Parameter)
3. (05:47) Pictorial Example of risk associated with estimating Population Mean with a Confidence Interval
4. (07:19) Examples when Population Mean cannot be calculated
5. (08:09) Define Confidence Intervals
6. (12:01) Excel Worksheet Functions to create Confidence Intervals
7. (13:53) Closing, Next Video and Video Links