Introduction to Statistics and Data Analysis - Bootstrapping and Monte Carlo Sampling in Statistics

Here we estimate the error of our parameter estimate from the method of moments using Monte Carlo sampling and the bootstrap. We investigate a Poisson estimation problem. This video was produced at the University of Washington, and we acknowledge funding support from the Boeing Company %%% CHAPTERS %%% 00:00 Intro 01:56 Recap of Monte Carlo Method 04:18 Code Demo: Monte Carlo on Radioactive Decay 09:38 Code Demo: Monte Carlo for Normal Variance Estimate 14:09 Efron Bootstrapping & Outro