Data Science Statistics
Small sample sizes refer to the limited number of observations or data points collected in a statistical analysis, often leading to less reliable conclusions. This can pose challenges in estimating population parameters and performing hypothesis tests, as smaller samples tend to have greater variability and lower statistical power. In the context of resampling techniques, small sample sizes can be addressed using methods like bootstrapping and jackknife, which aim to provide better estimates and confidence intervals by simulating larger sample behavior from the available data.
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