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O'Hara, Michael E. – Journal of Economic Education, 2014
Although the concept of the sampling distribution is at the core of much of what we do in econometrics, it is a concept that is often difficult for students to grasp. The thought process behind bootstrapping provides a way for students to conceptualize the sampling distribution in a way that is intuitive and visual. However, teaching students to…
Descriptors: Economics Education, Economics, Sampling, Statistical Inference