Why Is Bootstrapping a Good Way to Ensure Robust Confidence

question 18

Multiple Choice

Why is bootstrapping a good way to ensure robust confidence intervals and significance values?

• A)Because it does not rely on assumptions of Type I errors.
• B)Because it relies on assumptions of normality and error.
• C)Because it does not rely on assumptions of normality or homoscedasticity.
• D)Because it relies on assumptions of heteroscedasticity and normality.

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Definitions:

Secures Payment

Refers to any method or measure taken to ensure that a debt or financial obligation will be paid, such as collateral or a guarantee.

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.

Secured Transactions

involve agreements in which the borrower provides the lender a security interest in personal property as collateral for a loan.

Personal Property

Any property that is not real property, including movable objects, vehicles, furniture, and intellectual property.