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Raj did real well on his performance review.
Bootstrap
A statistical method that involves resampling a single dataset to create many simulated samples, used in assessing variability.
Mean
The average of a set of numbers, calculated by dividing the sum of these numbers by the count of numbers in the set.
Bootstrap Estimates
Bootstrap estimates refer to statistical estimates obtained by repeatedly sampling, with replacement, from a data set to assess the distribution of an estimator.
Sampling Distribution
The chance distribution linked to a specific statistic, emanating from a randomly selected sample.
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