Advanced Confidence Interval Calculation with Python
If working with a small distribution (size β€ 30) that approximates the normal distribution, use t-statistics.
How to calculate the confidence interval?
st.t.interval(0.95, len(data) - 1, loc=data.mean(), scale=st.sem(data))
- The
t.interval()
function fromscipy.stats
is used for the Student's T distribution. 0.95
represents the confidence level (also known as thealpha
parameter).len(data) - 1
is the degrees of freedom (df
), which is the sample size minus one.loc
represents the mean of the sample data.sem
represents the standard error of the mean.
Degrees of Freedom
Degrees of freedom refer to the number of independent information elements used to estimate a parameter.
The formula for degrees of freedom is N - 1, where N is the sample size.
You can modify the alpha parameter to observe how it affects the confidence interval.
1234567891011import scipy.stats as st import numpy as np data = [104, 106, 106, 107, 107, 107, 108, 108, 108, 108, 108, 109, 109, 109, 110, 110, 111, 111, 112] # Calculate the confidence interval confidence = st.t.interval(0.95, len(data)-1, loc = np.mean(data), scale = st.sem(data)) print(confidence)
Thanks for your feedback!
Ask AI
Ask AI
Ask anything or try one of the suggested questions to begin our chat
Awesome!
Completion rate improved to 2.63
Advanced Confidence Interval Calculation with Python
Swipe to show menu
If working with a small distribution (size β€ 30) that approximates the normal distribution, use t-statistics.
How to calculate the confidence interval?
st.t.interval(0.95, len(data) - 1, loc=data.mean(), scale=st.sem(data))
- The
t.interval()
function fromscipy.stats
is used for the Student's T distribution. 0.95
represents the confidence level (also known as thealpha
parameter).len(data) - 1
is the degrees of freedom (df
), which is the sample size minus one.loc
represents the mean of the sample data.sem
represents the standard error of the mean.
Degrees of Freedom
Degrees of freedom refer to the number of independent information elements used to estimate a parameter.
The formula for degrees of freedom is N - 1, where N is the sample size.
You can modify the alpha parameter to observe how it affects the confidence interval.
1234567891011import scipy.stats as st import numpy as np data = [104, 106, 106, 107, 107, 107, 108, 108, 108, 108, 108, 109, 109, 109, 110, 110, 111, 111, 112] # Calculate the confidence interval confidence = st.t.interval(0.95, len(data)-1, loc = np.mean(data), scale = st.sem(data)) print(confidence)
Thanks for your feedback!