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  2. Sampling distribution - Wikipedia

    en.wikipedia.org/wiki/Sampling_distribution

    In statistics, a sampling distribution or finite-sample distribution is the probability distribution of a given random-sample-based statistic.If an arbitrarily large number of samples, each involving multiple observations (data points), were separately used in order to compute one value of a statistic (such as, for example, the sample mean or sample variance) for each sample, then the sampling ...

  3. Bootstrapping (statistics) - Wikipedia

    en.wikipedia.org/wiki/Bootstrapping_(statistics)

    Bias: The bootstrap distribution and the sample may disagree systematically, in which case bias may occur. If the bootstrap distribution of an estimator is symmetric, then percentile confidence-interval are often used; such intervals are appropriate especially for median-unbiased estimators of minimum risk (with respect to an absolute loss ...

  4. Randomized experiment - Wikipedia

    en.wikipedia.org/wiki/Randomized_experiment

    In the statistical theory of design of experiments, randomization involves randomly allocating the experimental units across the treatment groups.For example, if an experiment compares a new drug against a standard drug, then the patients should be allocated to either the new drug or to the standard drug control using randomization.

  5. Statistical theory - Wikipedia

    en.wikipedia.org/wiki/Statistical_theory

    The theory of statistics provides a basis for the whole range of techniques, in both study design and data analysis, that are used within applications of statistics. [1] [2] The theory covers approaches to statistical-decision problems and to statistical inference, and the actions and deductions that satisfy the basic principles stated for these different approaches.

  6. Statistical inference - Wikipedia

    en.wikipedia.org/wiki/Statistical_inference

    Statistical inference makes propositions about a population, using data drawn from the population with some form of sampling.Given a hypothesis about a population, for which we wish to draw inferences, statistical inference consists of (first) selecting a statistical model of the process that generates the data and (second) deducing propositions from the model.

  7. Monte Carlo method - Wikipedia

    en.wikipedia.org/wiki/Monte_Carlo_method

    Probabilistic formulation of inverse problems leads to the definition of a probability distribution in the model space. This probability distribution combines prior information with new information obtained by measuring some observable parameters (data). As, in the general case, the theory linking data with model parameters is nonlinear, the ...

  8. Thompson sampling - Wikipedia

    en.wikipedia.org/wiki/Thompson_sampling

    Thompson sampling, [1] [2] [3] named after William R. Thompson, is a heuristic for choosing actions that address the exploration-exploitation dilemma in the multi-armed bandit problem. It consists of choosing the action that maximizes the expected reward with respect to a randomly drawn belief.

  9. Shape of a probability distribution - Wikipedia

    en.wikipedia.org/wiki/Shape_of_a_probability...

    The shape of a distribution will fall somewhere in a continuum where a flat distribution might be considered central and where types of departure from this include: mounded (or unimodal), U-shaped, J-shaped, reverse-J shaped and multi-modal. [1] A bimodal distribution would have two high points rather than one. The shape of a distribution is ...