Skip to content

Wen-hao-Dong/Statistics_learning

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

2 Commits
 
 

Repository files navigation

Statistics_learning

Statistical methods

Bootstrapping

It is a statistical procedure that resamples a single dataset to create many simulated samples, which allows you to calculate the standard errors, construct confidence intervals, and perform hypothesis testing for numerous types of sample statistics.

Traditionally, we want to calcualte the mean, std, or meadian, etc. based on the sampling distribution, but we nned proper test statistic and satisfy the assumptions. By contrast, the bootstrap method resample the sample data over and over to create many simulated samples. Each of these samples has its own properties, like the mean, median, std, etc. So we can observe its distribution by showing these means on a histogram. We do not need to worry about test statistics, formulas, or assumptions. The bootstrap procedure uses these sampling distributions as the foundation for confidence intervals and hypothesis testing.

The central assumption for bootstrapping is that the original sample accurately represents the actual population.

About

Statistical methods

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published