Definition:Bootstrapping/Motivation
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Definition
Bootstrapping is useful when either:
- there is insufficient information to specify the distribution of the population
or:
- there is little analytic theory about properties or estimators.
Refinements are available to improve the estimates exemplified here.
In practice, a statistical software package is generally used, with a reliable random number generator.
Sources
- 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): bootstrap
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): bootstrap