
Re: Sampling From Finite Population with Replacement
Posted:
Sep 25, 2010 5:42 PM


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

