statistics
bootstrap
A statistical method for estimating the distribution of a statistic by resampling.
Expanded definition
Bootstrapping is a resampling technique used to estimate the distribution of a statistic by repeatedly drawing samples from the original dataset, with replacement. This method provides a way to assess the variability of a statistic (like the mean or variance) without relying on traditional parametric assumptions. It is commonly used in confidence interval estimation and hypothesis testing.
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