A comparison of bootstrap method and Edgeworth expansion in approximating the distribution of sample variance — one sample and two sample cases
Muni S. Srivastava, Yimeng Chan
Abstract
Muni S. Srivastava, Yimeng Chan
Abstract
The performance of the bootstrap method and the Edgeworth expansion in approximating the distribution of sample variance are compared when the data are from a non-normal population. Both approximations are very good. so long as the parent population is close to normal.
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The performance of the bootstrap method and the Edgeworth expansion in approximating the distribution of sample variance are compared when the data are from a non-normal population. Both approximations are very good. so long as the parent population is close to normal.
Key concepts: Sample (material), Edgeworth series, Sample variance, Variance (accounting), Statistics, Distribution (mathematics), Mathematics, Econometrics