Bootstrapping give us an easy way to calculate p-values for just about anything - no fancy math required! In this StatQuest, we walk through the process of calculating the p-value for a mean, and then a median, step-by-step. DOUBLE BAM!
NOTE: This StatQuest assumes that you are already familiar with the main ideas behind bootstrapping: https://youtu.be/Xz0x-8-cgaQ
Hypothesis Testing and the Null Hypothesis: https://youtu.be/0oc49DyA3hU
How to interpret p-values: https://youtu.be/vemZtEM63GY
And the basics of how p-values are calculated: https://youtu.be/JQc3yx0-Q9E
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0:00 Awesome song and introduction
2:04 Calculating the p-value for a mean with bootstrapping
6:03 Calculating the p-value for a median with bootstrapping
#StatQuest #Statistics #Bootstrapping