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UExcel® Official Content Guide for Statistics

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Final Exam - Wharton Statistics

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Topic 2 Chapter 2: Simple Probability Samples

< 1 ... 72 73 74 75 76 77 78 79 80 ... 229 >

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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