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Aug 22, 2014 10:18 AM
(2258 views)

When using the Distribution Platform to use bootstrapping, what is the default size of the individual bootstrap samples? Is it possible to select the size of the samples?

Steve

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Aug 22, 2014 3:09 PM
(4236 views)

Solution

I think the question was about the "sample size", not the number of samples.

My understanding of the bootstrap method is that the sample size would be the number of data points that you have. So in Lou's example, the sample size would be 40. That sounds kind of weird when you think you are taking a "sample". How can you take say 100 samples if each sample contains all 40 data points? The answer is that each sample differs because the sampling is being done **with replacement**. Therefore in any one sample, some data points may appear multiple times and others may not appear at all.

Dave

-Dave

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Aug 22, 2014 1:58 PM
(2118 views)

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Aug 22, 2014 3:09 PM
(4237 views)

I think the question was about the "sample size", not the number of samples.

My understanding of the bootstrap method is that the sample size would be the number of data points that you have. So in Lou's example, the sample size would be 40. That sounds kind of weird when you think you are taking a "sample". How can you take say 100 samples if each sample contains all 40 data points? The answer is that each sample differs because the sampling is being done **with replacement**. Therefore in any one sample, some data points may appear multiple times and others may not appear at all.

Dave

-Dave

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Aug 23, 2014 5:11 AM
(2118 views)