Monday, March 16, 2009

Second thoughts on bootstrap

By Bradly Efron, Statistical Science, 2003, Vol. 18, No. 2, 135–140

Efron (1979) proposes the bootstrap method which has been extensively used in statistics, applied statistics, econometrics and other branches of scientific research. At present, it is a method that is not only known for its capacity of simulating the unknown distribution functions of the statitics of interest. Efron noticed that the popular statitical method, jackknife, is a first order approximation of the proposed bootstrap and also linked the new method with cross validation. Papers in the references of Efron (2003) attached marked the important progress that has been made on bootstrap over time.

See the paper at Statistical Science

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