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Re: Sampling From Finite Population with Replacement
Posted:
Sep 25, 2010 5:42 PM
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On Sep 24, 6:20 am, Cagdas Ozgenc <cagdas.ozg...@gmail.com> wrote:
> In statistics text books it is proposed that sampling from a finite
> population with replacement is equivalent to sampling from an infinite
> population. I find this somewhat misleading.
I doubt that any book proposes that. My impression
is that if you have a random sample containing N
measurements, mean, variance and other estimates
obtained using B random samples of size N with
replacement are aymptotically superior to the
estimate obtained from the original sample.
See
http://en.wikipedia.org/wiki/Bootstrapping_(statistics)
Hope this helps.
Greg
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