Bootstrapping versus double sampling
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What is the difference between resampling (bootstrapping) and double sampling in research? Is there any difference or is the same? Please explain your response?
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Solution Summary
In short, there is a significant difference between Bootstrapping and Double Sampling. I found a really good example that helps to explain the process of Bootstrapping:
Bootstrap sampling involves sampling with replacement.
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Hi there,
Here is the answer to your question:
In short, there is a significant difference between Bootstrapping and Double Sampling. I found a really good example that helps to explain the process of Bootstrapping:
Bootstrap sampling involves sampling with replacement. Consider the following illustration. Suppose a sample has only 5 observations. The observations are labeled into 5 balls with names:
A, B, C, D, E
Place the balls in a basket. From these five balls, draw one ball randomly and record ...
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