Essay
Figure 1.2
Using the figure above, identify the labeled part.
-Label Q: ______________________________
Definitions:
Bootstrap Standard Error
An estimation technique for assessing the variability of a statistic by resampling with replacement from an original dataset.
Resamples
The practice of drawing repeated samples from a given dataset, often with replacement, to estimate the precision of sample statistics.
Permutation Test
A non-parametric statistical test that assesses the significance of a difference between groups by computing all possible outcomes under rearrangements of labels.
P-value
The probability of obtaining test results at least as extreme as the results observed, under the assumption that the null hypothesis is true.
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