To Generate a Bootstrap Standard Error of an Estimate, There

question 12

Multiple Choice

To generate a bootstrap standard error of an estimate, there are four steps. Which of these is not one of them?

• A) First, obtain a random sample from the original data using a computer.
• B) Second, using the values in the first step, calculate the variance of the estimate.
• C) Third, perform the first and second steps over and over again.
• D) Fourth, calculate the standard deviation of all the values from step three; this is the bootstrap standard error.

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External Audit

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Significant Accounting Policies

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