Introduction to Statistics and Data Analysis - Parameter Estimation and Fitting Distributions

This video introduces the concept of parameter estimation in statistics, on a simple example of radioactive decay. This video was produced at the University of Washington, and we acknowledge funding support from the Boeing Company %%% CHAPTERS %%% 00:00 Intro 01:03 The Classic Approach 03:25 The Modern (ML) Approach 07:00 Code Demo: Americium 241 Decay 13:04 Further Distribution Fitting Questions 14:22 Formulation of Parameter Estimation 16:39 Maximum Likelyhood Estimation 20:37 Method of Moments 22:41 Outro