Simplest Explanation of the Standard Errors of Regression Coefficients - Statistics Help

A simple tutorial explaining the standard errors of regression coefficients. This is a step-by-step explanation of the meaning and importance of the standard error.
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Keywords: statistics, statistics help, statistics tutor, statistics tuition, hypothesis testing, regression analysis, university help, stats help, simple regression, multiple regression, econometrics, standard error, standard error of coefficients, regression coefficients, multiple regression, standard errors

[@QuantConceptsE]

Hi my viewers! Are you in need of an online tutor? If so, check out the video description for details 😊

[@ridmiratnayake9573]

Thank you for this simple explanation!

[@ravigurnatham2956]

easy and concise
You the man

[@luhan5129]

Thank you for the video, this is exactly what I was asked in an interview!

[@jiahaoliu990]

very informative short revision video, wish you were my lecturer hhhhh thanks for your videos

[@regularviewer1682]

This video is absolutely fantastic. Thank you very much Dave!

[@jpedrocmf]

Great video! It was really helpful, thanks!!

[@HansTheCool]

I don't know about this being simple man, this confused me more that I was at the start of the video

[@babatundeadebambo7239]

Bro!! this explanation is top-notch.

[@easyhumanatomy73]

Easy and very helpful. Thank you

[@firstkaransingh]

Excellent explanation thanks 👍

[@kaizoku4life]

very helpful!! Thanks

[@Msow32]

Thank you ! I was so lost and this made it all click

[@mohammadpourheydarian5877]

A very simple explanation of standard error of beta and t. Thank you.

[@chauphamminh1121]

Thanks !

[@PortfolioRx]

Solid thank you sir

[@indranildeb93]

thanks sir....😁

[@sillo4442]

Thank you

[@kevinshao9148]

Thanks for the video! One question: then what distribution and what test should we use to measure the critical score or p-value for regression coefficient?

[@rmard2]

I have been trying to find how to calculate the standard errors of regression coefficients, but sadly most of the tutorial only show how you can do that with tools (excel, etc.). While I need to create my own program that can the linear regression. Any clue / suggestion?

[@QuantConceptsE]

Thanks Rizki. The purpose of this video was to communicate the intuition of the standard error, as understanding the intuition first makes learning the formulae (contained in any standard textbook) much easier to understand and apply. I plan to make a more technical video on the standard error shortly, so hopefully you'll find it handy.
All the best
Dave

[@nagle2b817]

Did you try to see a solved problem in your text? It is a very straight forward process and most of it can be done on Ti-84 or Excel.

[@pawanpandey6676]

Hey, were you able to figure this out, Please provide some material if yes. Thanks in advance

[@xb2856]

So how can we estimate the standard error of beta hat with only 1 sample? It seems like you need access to mutliple samples to get this info? or do we use sub samples from within our 1 sample that we have?

[@p.j.882]

Can one use linest to calculate standard error of slope and intercept?

[@regivm123]

It will be great if you can provide an intuitive explanation of standard errors of coefficients. The title give such an impression.

[@suri_youtu2463]

Given that we only supply one data-set(training) to a Regression problem, where does the data for re-sampling and in turn re-estimation of 'beta' come from ? Is the supplied training data assumed to be the population and re-sampled from ?

[@AuliaAF]

Then, if we can write mean +- SD, is it similarly logical to write:
y = (Beta +- SE)x + constant
??
Not for actual writing, since it is non-standard. Just want to check if my understanding is correct..

[@haseenagul1540]

Der kha mean very well explained

[@AI-ew1rj]

How did you calculate how far beta was from 0?

[@mauriciomandujano5281]

Coefficient / SE

[@_Sam_-zh7sw]

how does one directly calculates that Beta is 5 standard errors away from 0?

[@bratbalal9042]

Oww why do some don't explain the reason of finding standard error for regression analysis
Thanks

[@regularviewer1682]

Not all heroes wear capes..

[@tanguyvranckx1134]

Here's my take:
Suppose that our standard error is 0.2 for an estimate of B, ^B, that = 1. In that case, our estimate is 5 standard errors away from zero, which is what we assume the true B is under the H0. That’s pretty far away from the 0, far enough to suppose that this estimate of 1 is not due to the characteristics of one particular sample. There is a very decent chance that we will be able to reproduce this estimate through another sample.

[@yt-1161]

Formula of standard error ?

[@piupiu2113]

Read the definition of «standard error» in radiotherapydictionary.blogspot.pt/2016/11/standard-error-se.html

[@CessTenn]

SKIP THIS VIDEO!

[@ikramiaswan966]

First of all, the voice was not as what I expected. I mean, look at the thumbnail... WTF?? I expect a more cheerful voice. Second, which part of this is simple???? Damn I feel stupid. Don't judge a youtube video by its thumbnail.