Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: James D. Stice, Earl K. Stice, Fred Skousen

16th Edition

324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140

Students also viewed these Mathematics questions