What is Jackknife Resampling (Jacknifing)?
Jackknife Resampling (Jacknifing) in statistics is a resampling technique especially useful for variance and bias estimation. The jackknife predates other common resampling methods such as the bootstrap. The jackknife estimator of a parameter is found by systematically leaving out each observation from a dataset and calculating the estimate and then finding the average of these calculations. Given a sample of … Read more