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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.
Bias
A systematic error in a statistical analysis or measurement process that leads to incorrect conclusions or estimates.
Standard Error
A statistical measure that estimates the accuracy with which a sample distribution represents a population using the standard deviation.
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