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While going through the line at the local grocery store,the clerk asks you if you found everything you needed,as she continues to scan the goods you are planning to purchase.At the end of the scan,a coupon emerges that you can use on future purchases of a product you have just purchased.In reviewing the key concepts from Chapter 9,you would consider this action,the store's management of its labor.
Bootstrap Distribution
A resampling method used in statistics to estimate the distribution of a statistic by repeatedly sampling with replacement from the original data.
Resampling Method
A statistical technique involving repeated sampling from a given dataset to assess the variability of a sample statistic.
Bootstrap
A statistical method that resamples a single dataset to create many simulated samples to estimate the distribution of an estimator.
Permutation
An arrangement of all or part of a set of objects, with regard to the order of the arrangement.
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