Question
What impact, if any, do the number of bootstrap/resampling iterations have on the representativeness of the distribution of the bootstrap results? To be concrete, suppose
What impact, if any, do the number of bootstrap/resampling iterations have on the representativeness of the distribution of the bootstrap results?
To be concrete, suppose a bootstrap with replacement was used for the following model that we fitted in class:
lm(birth_weight~maternal_smoker,data=baby)
Suppose two bootstraps were ran, one with 1,000 iterations/resamples and another with 10,000 iterations/resamples. Would the one with 1,000 or 10,000 iterations be better? Why?
Options:
10,000 iterations; This would provide a more comprehensive picture of the population.
1,000 iterations; This would run faster and give a representative distribution of the population.
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