What is the bootstrap standard error

Reference no: EM131431895

Bootstrap confidence interval for the median. Your software can generate random numbers that have the uniform distribution on 0 to 1. Figure shows the density curve. Generate a sample of 50 observations from this distribution.

(a) What is the population median? Bootstrap the sample median and describe the bootstrap distribution.

(b) What is the bootstrap standard error? Compute a bootstrap t 95% confidence interval.

(c) Find the BCa or tilting 95% confidence interval. Compare with the interval in (b). Is the bootstrap t interval reliable here?

Reference no: EM131431895

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