2.8 Take-Home Points
We may create an exact sampling distribution or simulate a bootstrap sampling distribution in simple situations or if we have a lot of computing power.
For a bootstrap sampling distribution, we need about 5,000 bootstrap samples from our original sample.
An exact sampling distribution can only be used with categorical variables.
We can often approximate the sampling distribution of a sample statistic with a known theoretical probability distribution.
Approximations only work well under conditions, which we have to check.
Conditions usually involve the size of the sample, sample type (independent vs. dependent/paired), and the shape or variance of the population distribution.
If these conditions are not met or we do not have a theoretical approximation to the sampling distribution, we use bootstrapping or exact tests.
Samples are independent if, in principle, we can draw a sample for one group without taking into account the sample for another group of cases. Otherwise, the samples are dependent or paired.