The Bootstrap Method
- maese005
- Nov 19, 2020
- 1 min read
This post defines the bootstrap method, its applications, and example code to create a single bootstrap sample of a dataset.
Example of bootstrap method used to sample a dataset. Photo Source: https://www.educative.io/edpresso/what-is-the-bootstrap-method-in-data-science
What is the Bootstrap Method?
A resampling technique that involves iteratively sampling a dataset with replacement.
What is the Bootstrap Method used for?
It is a technique used to either estimate a population statistic (such as mean or standard deviation).
It can also be used to estimate the skill of a machine learning model; therefore, it is an alternative to cross-validation.
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