Question: There is a statistical model with a parameter . You need to estimate . Which is a better description of the bootstrap? Explain briefly. (i)
There is a statistical model with a parameter θ. You need to estimate θ.
Which is a better description of the bootstrap? Explain briefly.
(i) The bootstrap will help you find an estimator for θ.
(ii) Given an estimator θˆ for θ, the bootstrap will help you find the bias and SE of θˆ.
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