Introduction to resampling methods

Statistical Simulation in Python

Tushar Shanker

Data Scientist

Resampling workflow

Resampling Workflow

Statistical Simulation in Python

Why resample?

Advantages

  • Simple implementation procedure.
  • Applicable to complex estimators.
  • No strict assumptions.

Drawbacks

  • Computationally expensive.
Statistical Simulation in Python

Types of resampling methods

Types of Resampling Methods

Statistical Simulation in Python

Let's practice!

Statistical Simulation in Python

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