# Difference between revisions of "Eleisha's Segment 23: Bootstrap Estimation of Uncertainty"

To Compute:

1. Generate 100 i.i.d. random draws from the beta distribution $\displaystyle \text{Beta}(2.5,5.)$ , for example using MATLAB's betarnd or Python's random.betavariate. Use these to estimate this statistic of the underlying distribution: "value of the 75% percentile point minus value of the 25th percentile point". Now use statistical bootstrap to estimate the distribution of uncertainty of your estimate, for example as a histogram. After generating 100 i.i.d random values, my estimated value the statistic was approximately 0.. After bootstrapping (nboot = 100,000), the mean of my test statistic was approximately 0.2 and the standard deviation was approximately

2. Suppose instead that you can draw any number of desired samples (each 100 draws) from the distribution. How does the histogram of the desired statistic from these samples compare with the bootstrap histogram from problem 1?

3. What is the actual value of the desired statistic for this beta distribution, computed numerically (that is, not by random sampling)? (Hint: I did this in Mathematica in three lines.)

Sample output

Estimated Test Statistic: 0.249870329874
Mean of values: 0.249322679305
Standard Deviation of values: 0.0322945809064
Mean of values: 0.231247635839
Standard Deviation of values: 0.0265993072046
Actual Value: 0.232952354264