As we have seen, bootstrap distributions are generally symmetric and bell-shaped and centered at the value of

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As we have seen, bootstrap distributions are generally symmetric and bell-shaped and centered at the value of the original sample statistic. However, strange things can happen when the sample size is small and there is an outlier present. Use StatKey or other technology to create a bootstrap distribution for the standard deviation based on the following data:

10 7 12 13 8 10

Describe the shape of the distribution. Is it appropriate to construct a confidence interval from this distribution? Explain why the distribution might have the shape it does.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics, Enhanced Unlocking The Power Of Data

ISBN: 9781119308843

2nd Edition

Authors: Robin H Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F Lock, Dennis F Lock

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