Calculate the bootstrap standard error

Reference no: EM131431850

A small bootstrap example. To illustrate the bootstrap procedure, let's bootstrap a small random subset of the Verizon data:

26.47

0.00

5.32

17.30

29.78

3.67

(a) Sample with replacement from this initial SRS by rolling a die. Rolling a 1 means select the first member of the SRS, a 2 means select the second member, and so on. (You can also use Table B of random digits, responding only to digits 1 to 6.) Create 20 resamples of size n = 6.

(b) Calculate the sample mean for each of the resamples.

(d) Calculate the bootstrap standard error.

Reference no: EM131431850

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