Home > Term: bootstrap
bootstrap
A method for estimating standard errors or confidence intervals in which a small sample of observations is randomly selected from the original sample, estimates are calculated, and the sample is returned to the original sample. This process continues many times to produce a distribution upon which to base the estimates.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: Pharmacy
- Company: McGraw-Hill
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Creator
- delpour
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