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TPS4e_Ch12_12.1

... response variable y. Our goal is to study or predict the behavior of y for given values of x. • Linear The (true) relationship between x and y is linear. For any fixed value of x, the mean response µy falls on the population (true) regression line µy= α + βx. The slope b and intercept a are usually ...
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Resampling (statistics)

In statistics, resampling is any of a variety of methods for doing one of the following: Estimating the precision of sample statistics (medians, variances, percentiles) by using subsets of available data (jackknifing) or drawing randomly with replacement from a set of data points (bootstrapping) Exchanging labels on data points when performing significance tests (permutation tests, also called exact tests, randomization tests, or re-randomization tests) Validating models by using random subsets (bootstrapping, cross validation)Common resampling techniques include bootstrapping, jackknifing and permutation tests.
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