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Purposes of Data Analysis Parameters and Statistics Variables and

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Interpreting Confidence Intervals

... mean µ,you would probably use x. If you were estimating a population proportion p, you might use pˆ . In both cases, you would be providing a point estimate of the parameter of interest. A point estimator is a statistic that provides an estimate of a population parameter. The value of that statistic ...
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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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