Mathematics
4 years ago

New method ensures accurate confidence intervals for statistical analysis.

1 view
RePEc: Research Papers in Economics
On the Number of Bootstrap Repetitions for BC_a Confidence Intervals
Donald W. K. Andrews, Moshe Buchinsky

Paper Summary

The article discusses how to choose the number of repetitions for a specific type of confidence interval in statistics. The researchers aim to find a number of repetitions that gives a confidence interval close to the best possible one. They suggest a three-step method to pick this number, ensuring the interval's length is very similar to the ideal one.

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