## Bootstrapping with StatCrunch

The Bootstrap Method The bootstrap method is a very useful tool to have an introductory statistics class. The bootstrap method begins with a sample of size n. Then a large number (I use 10,000 in my classes) of samples of size n are drawn with replacement from that sample. A sample statistic is computed for each sample. A typical use of bootstrapping involves the mean, but this procedure can be applied to the median, quartiles, variance, … Percentiles can be…