The distribution of order statistics for discrete random variables with applications to bootstrapping

The distribution of order statistics for discrete random variables with applications to bootstrapping

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Article ID: iaor2007390
Country: United States
Volume: 18
Issue: 1
Start Page Number: 19
End Page Number: 30
Publication Date: Dec 2006
Journal: INFORMS Journal On Computing
Authors: , ,
Abstract:

An algorithm for computing the PDF of order statistics drawn from discrete parent populations is presented, along with an implementation of the algorithm in a computer algebra system. Several examples and applications, including exact bootstrapping analysis, illustrate the utility of this algorithm. Bootstrapping procedures require that B bootstrap samples be generated in order to perform statistical inference concerning a data set. Although the requirements for the magnitude of B are typically modest, a practitioner would prefer to avoid the resampling error introduced by choosing a finite B, if possible. The part of the order-statistic algorithm for sampling with replacement from a finite sample can be used to perform exact bootstrapping analysis in certain applications, eliminating the need for replication in the analysis of a data set.

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