Bootstrapping

cosmos 4th November 2016 at 2:43pm
Resampling

In statistics, bootstrapping can refer to any test or metric that relies on random sampling with replacement. This technique allows estimation of the sampling distribution of almost any statistic using random sampling methods.

https://www.wikiwand.com/en/Bootstrapping_(statistics)

Explanation: http://stats.stackexchange.com/questions/26088/explaining-to-laypeople-why-bootstrapping-works

An Introduction to the Bootstrap