<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>topic Re: JMP Formula Error While Creating Bootstrap‑Simulated Column in Discussions</title>
    <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953167#M109998</link>
    <description>&lt;P&gt;Hi&amp;nbsp;&lt;a href="https://community.jmp.com/t5/user/viewprofilepage/user-id/102359"&gt;@Madhu_Acharyya&lt;/a&gt;,&lt;/P&gt;
&lt;P&gt;Welcome in the Community !&lt;BR /&gt;Completely different answer (and questions !) from my side :&lt;/P&gt;
&lt;UL&gt;
&lt;LI&gt;You can have a reliable model with a small number of observations. The quality and information contained in your dataset is more important than the number/quantity of data.&lt;/LI&gt;
&lt;LI&gt;Using boostrapping to "artificially" expand the size of your dataset won't help you fit a model more easily. It will only repeat and enforce patterns already present in the data and give you a (false) impression of confidence in the model, with inflated model/performance metrics and "artificially reduced" confidence intervals.&lt;/LI&gt;
&lt;LI&gt;Based on the files you provided, it's not clear what you intend to do. I would have naively guessed that you want to do a forecasting of CPF response based on the year (so &lt;A href="https://www.jmp.com/support/help/en/19.1/#page/jmp/time-series-analysis.shtml?_gl=1*1d329ke*_up*MQ..*_ga*MjA4OTczMzM2MS4xNzgxMTA0MjMy*_ga_BRNVBEC1RS*czE3ODExMDQyMzEkbzEkZzAkdDE3ODExMDQyMzEkajYwJGwwJGgw#" target="_blank" rel="noopener"&gt;Time Series Analysis&lt;/A&gt;&amp;nbsp;and/or&amp;nbsp;&lt;A href="https://www.jmp.com/support/help/en/19.1/#page/jmp/time-series-forecast.shtml?_gl=1*1d329ke*_up*MQ..*_ga*MjA4OTczMzM2MS4xNzgxMTA0MjMy*_ga_BRNVBEC1RS*czE3ODExMDQyMzEkbzEkZzAkdDE3ODExMDQyMzEkajYwJGwwJGgw#" target="_blank" rel="noopener"&gt;Time Series Forecast&lt;/A&gt;) but your second file about simulations show very different columns. Can you clarify ?&lt;/LI&gt;
&lt;/UL&gt;
&lt;P&gt;If you intend to do Time Series analysis, I would try easy options first, like simple moving average with 3 or 5 points for the window width, as this simple model type still helps to understand and forecast the trend in your data:&lt;/P&gt;
&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Victor_G_0-1781104673106.png" style="width: 400px;"&gt;&lt;img src="https://community.jmp.com/t5/image/serverpage/image-id/106224i7664189147457B31/image-size/medium?v=v2&amp;amp;px=400" role="button" title="Victor_G_0-1781104673106.png" alt="Victor_G_0-1781104673106.png" /&gt;&lt;/span&gt;&lt;/P&gt;
&lt;P&gt;More advanced method and models, like ARIMA / Seasoned ARIMA / ... are also available, but require more assumptions and a better definition of the seasonality and other model parameters.&lt;/P&gt;
&lt;P&gt;Hope this answer may help in the discussion,&amp;nbsp;&lt;/P&gt;</description>
    <pubDate>Wed, 10 Jun 2026 15:38:37 GMT</pubDate>
    <dc:creator>Victor_G</dc:creator>
    <dc:date>2026-06-10T15:38:37Z</dc:date>
    <item>
      <title>JMP Formula Error While Creating Bootstrap‑Simulated Column</title>
      <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953036#M109981</link>
      <description>&lt;P&gt;I am working with a dataset that contains many missing values and a small number of observations, which makes modelling difficult. To address this, I would like to use bootstrap resampling. One column in the dataset contains the values shown in the attached Excel file, and I want to replace this column with simulated data consisting of 10,000 observations (Column Name: Sim_Y1_Liability). I used the following two formulas to generate the simulated values, but JMP returns an error when I enter them. Could anyone advise what might be causing the error and how to correct it?&lt;/P&gt;
&lt;P&gt;JMP Formula 1:&lt;/P&gt;
&lt;DIV&gt;Pick Random(&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 2239500,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 929880,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 2192100,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 2806020,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 3387600,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 109080,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 1057860,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 441840,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 880950,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 1753830,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 968070,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 1990950,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 295410,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 1083420,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 235770,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 616500,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 279120,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 591090,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 35100&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;)&lt;/DIV&gt;
&lt;DIV&gt;&amp;nbsp;&lt;/DIV&gt;
&lt;DIV&gt;JMP Formula 2:&lt;/DIV&gt;
&lt;DIV&gt;&amp;nbsp;&lt;/DIV&gt;
&lt;DIV&gt;
&lt;DIV&gt;Random Sample(&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; {0, 2239500, 929880, 2192100, 2806020, 0, 3387600, 109080, 1057860, 441840,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 880950, 1753830, 0, 968070, 1990950, 295410, 1083420, 0, 235770, 616500,&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;&lt;SPAN&gt; 0, 279120, 0, 591090, 35100}&lt;/SPAN&gt;&lt;/DIV&gt;
&lt;DIV&gt;)[1]&lt;/DIV&gt;
&lt;/DIV&gt;
&lt;DIV&gt;&amp;nbsp;&lt;/DIV&gt;
&lt;DIV&gt;&amp;nbsp;&lt;/DIV&gt;
&lt;DIV&gt;&amp;nbsp;&lt;/DIV&gt;</description>
      <pubDate>Tue, 09 Jun 2026 22:51:40 GMT</pubDate>
      <guid>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953036#M109981</guid>
      <dc:creator>Madhu_Acharyya</dc:creator>
      <dc:date>2026-06-09T22:51:40Z</dc:date>
    </item>
    <item>
      <title>Re: JMP Formula Error While Creating Bootstrap‑Simulated Column</title>
      <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953056#M109985</link>
      <description>&lt;P&gt;Neither of those functions exist in JMP. You can find the available functions from Random in Scripting Index or JSL Syntax Reference&amp;nbsp;&lt;A href="https://www.jmp.com/support/help/en/19.1/#page/jmp/random-functions-2.shtml#" target="_blank" rel="noopener"&gt;JSL Syntax Reference &amp;gt; JSL Functions, Operators, and Messages &amp;gt; Random Functions&lt;/A&gt;&amp;nbsp;. You can most likely combine your list of values with Random Integer to get one of those randomly&amp;nbsp;&lt;A href="https://jsl.jmp.com/All%20Categories/Functions/Random.html#random-integer" target="_blank" rel="noopener"&gt;Random Integer (jsl.jmp.com)&lt;/A&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Wed, 10 Jun 2026 03:57:29 GMT</pubDate>
      <guid>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953056#M109985</guid>
      <dc:creator>jthi</dc:creator>
      <dc:date>2026-06-10T03:57:29Z</dc:date>
    </item>
    <item>
      <title>Re: JMP Formula Error While Creating Bootstrap‑Simulated Column</title>
      <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953105#M109993</link>
      <description>&lt;P&gt;&lt;SPAN&gt;Thank &lt;/SPAN&gt;&lt;SPAN&gt;you &lt;/SPAN&gt;&lt;SPAN&gt;for &lt;/SPAN&gt;&lt;SPAN&gt;the &lt;/SPAN&gt;&lt;SPAN&gt;comments. &lt;/SPAN&gt;&lt;SPAN&gt;Yes, &lt;/SPAN&gt;&lt;SPAN&gt;I &lt;/SPAN&gt;&lt;SPAN&gt;can &lt;/SPAN&gt;&lt;SPAN&gt;generate &lt;/SPAN&gt;&lt;SPAN&gt;random &lt;/SPAN&gt;&lt;SPAN&gt;numbers &lt;/SPAN&gt;&lt;SPAN&gt;using &lt;/SPAN&gt;&lt;SPAN&gt;the &lt;/SPAN&gt;&lt;SPAN&gt;technique &lt;/SPAN&gt;&lt;SPAN&gt;you &lt;/SPAN&gt;&lt;SPAN&gt;suggested. &lt;/SPAN&gt;&lt;SPAN&gt;However, &lt;/SPAN&gt;&lt;SPAN&gt;I &lt;/SPAN&gt;&lt;SPAN&gt;am &lt;/SPAN&gt;&lt;SPAN&gt;specifically &lt;/SPAN&gt;&lt;SPAN&gt;interested &lt;/SPAN&gt;&lt;SPAN&gt;in &lt;/SPAN&gt;&lt;SPAN&gt;creating &lt;/SPAN&gt;&lt;SPAN&gt;a &lt;/SPAN&gt;&lt;SPAN&gt;bootstrap‑simulated &lt;/SPAN&gt;&lt;SPAN&gt;column &lt;/SPAN&gt;&lt;SPAN&gt;with &lt;/SPAN&gt;&lt;SPAN&gt;10,000 &lt;/SPAN&gt;&lt;SPAN&gt;observations &lt;/SPAN&gt;&lt;SPAN&gt;for &lt;/SPAN&gt;&lt;SPAN&gt;the &lt;/SPAN&gt;&lt;SPAN&gt;dataset. &lt;/SPAN&gt;&lt;SPAN&gt;I &lt;/SPAN&gt;&lt;SPAN&gt;know &lt;/SPAN&gt;&lt;SPAN&gt;I &lt;/SPAN&gt;&lt;SPAN&gt;can &lt;/SPAN&gt;&lt;SPAN&gt;do &lt;/SPAN&gt;&lt;SPAN&gt;this &lt;/SPAN&gt;&lt;SPAN&gt;by &lt;/SPAN&gt;&lt;SPAN&gt;selecting &lt;/SPAN&gt;&lt;SPAN&gt;the &lt;/SPAN&gt;&lt;SPAN&gt;distribution, &lt;/SPAN&gt;&lt;SPAN&gt;clicking &lt;/SPAN&gt;&lt;EM&gt;&lt;SPAN&gt;Mean&lt;/SPAN&gt;&lt;/EM&gt;&lt;SPAN&gt;, &lt;/SPAN&gt;&lt;SPAN&gt;and &lt;/SPAN&gt;&lt;SPAN&gt;then &lt;/SPAN&gt;&lt;SPAN&gt;applying &lt;/SPAN&gt;&lt;SPAN&gt;bootstrap. &lt;/SPAN&gt;&lt;SPAN&gt;Is &lt;/SPAN&gt;&lt;SPAN&gt;there &lt;/SPAN&gt;&lt;SPAN&gt;an &lt;/SPAN&gt;&lt;SPAN&gt;alternative &lt;/SPAN&gt;&lt;SPAN&gt;method &lt;/SPAN&gt;&lt;SPAN&gt;available?&lt;/SPAN&gt;&lt;/P&gt;</description>
      <pubDate>Wed, 10 Jun 2026 08:55:00 GMT</pubDate>
      <guid>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953105#M109993</guid>
      <dc:creator>Madhu_Acharyya</dc:creator>
      <dc:date>2026-06-10T08:55:00Z</dc:date>
    </item>
    <item>
      <title>Re: JMP Formula Error While Creating Bootstrap‑Simulated Column</title>
      <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953142#M109997</link>
      <description>&lt;P&gt;Try this JSL and see if it gives you what you need:&lt;/P&gt;
&lt;PRE&gt;&lt;CODE class=" language-jsl"&gt;Names Default To Here( 1 );
dt = data table("Sample Data File_Sheet1");

dt &amp;lt;&amp;lt; Distribution(
	Continuous Distribution(
		Column( :CPF_Payout_USD ),
		Process Capability( 0 ),
		Fit Normal
	)
);
obj = current report();
obj["Fitted Normal Distribution",Number Col Box( 1 )] &amp;lt;&amp;lt; 
Bootstrap(
	10000,
	Fractional Weights( 1 ),
	Split Selected Column( 1 )
);&lt;/CODE&gt;&lt;/PRE&gt;
&lt;P&gt;&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Wed, 10 Jun 2026 11:36:04 GMT</pubDate>
      <guid>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953142#M109997</guid>
      <dc:creator>txnelson</dc:creator>
      <dc:date>2026-06-10T11:36:04Z</dc:date>
    </item>
    <item>
      <title>Re: JMP Formula Error While Creating Bootstrap‑Simulated Column</title>
      <link>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953167#M109998</link>
      <description>&lt;P&gt;Hi&amp;nbsp;&lt;a href="https://community.jmp.com/t5/user/viewprofilepage/user-id/102359"&gt;@Madhu_Acharyya&lt;/a&gt;,&lt;/P&gt;
&lt;P&gt;Welcome in the Community !&lt;BR /&gt;Completely different answer (and questions !) from my side :&lt;/P&gt;
&lt;UL&gt;
&lt;LI&gt;You can have a reliable model with a small number of observations. The quality and information contained in your dataset is more important than the number/quantity of data.&lt;/LI&gt;
&lt;LI&gt;Using boostrapping to "artificially" expand the size of your dataset won't help you fit a model more easily. It will only repeat and enforce patterns already present in the data and give you a (false) impression of confidence in the model, with inflated model/performance metrics and "artificially reduced" confidence intervals.&lt;/LI&gt;
&lt;LI&gt;Based on the files you provided, it's not clear what you intend to do. I would have naively guessed that you want to do a forecasting of CPF response based on the year (so &lt;A href="https://www.jmp.com/support/help/en/19.1/#page/jmp/time-series-analysis.shtml?_gl=1*1d329ke*_up*MQ..*_ga*MjA4OTczMzM2MS4xNzgxMTA0MjMy*_ga_BRNVBEC1RS*czE3ODExMDQyMzEkbzEkZzAkdDE3ODExMDQyMzEkajYwJGwwJGgw#" target="_blank" rel="noopener"&gt;Time Series Analysis&lt;/A&gt;&amp;nbsp;and/or&amp;nbsp;&lt;A href="https://www.jmp.com/support/help/en/19.1/#page/jmp/time-series-forecast.shtml?_gl=1*1d329ke*_up*MQ..*_ga*MjA4OTczMzM2MS4xNzgxMTA0MjMy*_ga_BRNVBEC1RS*czE3ODExMDQyMzEkbzEkZzAkdDE3ODExMDQyMzEkajYwJGwwJGgw#" target="_blank" rel="noopener"&gt;Time Series Forecast&lt;/A&gt;) but your second file about simulations show very different columns. Can you clarify ?&lt;/LI&gt;
&lt;/UL&gt;
&lt;P&gt;If you intend to do Time Series analysis, I would try easy options first, like simple moving average with 3 or 5 points for the window width, as this simple model type still helps to understand and forecast the trend in your data:&lt;/P&gt;
&lt;P&gt;&lt;span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Victor_G_0-1781104673106.png" style="width: 400px;"&gt;&lt;img src="https://community.jmp.com/t5/image/serverpage/image-id/106224i7664189147457B31/image-size/medium?v=v2&amp;amp;px=400" role="button" title="Victor_G_0-1781104673106.png" alt="Victor_G_0-1781104673106.png" /&gt;&lt;/span&gt;&lt;/P&gt;
&lt;P&gt;More advanced method and models, like ARIMA / Seasoned ARIMA / ... are also available, but require more assumptions and a better definition of the seasonality and other model parameters.&lt;/P&gt;
&lt;P&gt;Hope this answer may help in the discussion,&amp;nbsp;&lt;/P&gt;</description>
      <pubDate>Wed, 10 Jun 2026 15:38:37 GMT</pubDate>
      <guid>https://community.jmp.com/t5/Discussions/JMP-Formula-Error-While-Creating-Bootstrap-Simulated-Column/m-p/953167#M109998</guid>
      <dc:creator>Victor_G</dc:creator>
      <dc:date>2026-06-10T15:38:37Z</dc:date>
    </item>
  </channel>
</rss>

