Consider the Following Two Statements

question 14

Multiple Choice

Consider the following two statements. I: The bootstrap t confidence interval and bootstrap percentile confidence interval will agree closely when the bias of the bootstrap distribution is small.
II: The bootstrap t confidence interval and bootstrap percentile confidence interval will agree closely when the bootstrap distribution is close to Normal.
Which of these statements is TRUE?

• A)I
• B)II
• C)Neither I nor II
• D)Both I and II

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Definitions:

Louisiana Territory

A vast region of North America that was purchased by the United States from France in 1803, doubling the size of the country and opening the way for westward expansion.

Gateway

A point of entry or access, often used metaphorically to describe something that serves as an entrance to something else, such as a technology, idea, or country.

Corruption

Dishonest or fraudulent conduct by those in power, typically involving bribery or the misappropriation of resources.

English Colonists

Early settlers from England who established colonies in various parts of the world, including North America, during the 16th to 18th centuries.