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MisterManuscript t1_jcry6cj wrote

That's not what bootstrapping is, it is a resampling technique used to create multiple datasets of the same size from the original dataset using random sampling with replacement. It is done to get the estimate of the standard deviation of a desired variable.

Here's the link to the ISLR textbook. The bootstrap chapter will verify what it is.

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MysteryInc152 OP t1_jcrz16i wrote

Yeah I'm wrong it seems. Read a few articles using bootstrapping in the definition I used so I assumed that was generally it.

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