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Sep 17, 2022 at 20:43 vote accept Mr Frog
Sep 17, 2022 at 20:43 history edited Mr Frog CC BY-SA 4.0
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Sep 17, 2022 at 0:00 history tweeted twitter.com/StackStats/status/1570925639196188674
Sep 16, 2022 at 21:33 answer added EdM timeline score: 10
Sep 16, 2022 at 20:24 comment added whuber It would be fair to characterize this rule as numerology. One byproduct of following it would be that you almost always obtain p-values (and other proportions) that can be expanded to arbitrary precision, usually without any visual evidence of repetition, suggesting to the unwary that you have achieved far greater precision in your results than permitted by the number of replications.
Sep 16, 2022 at 19:03 comment added Henry @Tim - I had assumed (possibly wrongly) that $1000$ was the number of replications rather than the samples size with replacement
Sep 16, 2022 at 19:00 comment added Henry If you use $1000$ and your statistic is always an integer, then a bootstrap average will have no more than three decimal places. I see nothing wrong with that. Perhaps the risk is that it will end $\ldots50000$ raising a rounding question (though this is an argument against using any even number)
Sep 16, 2022 at 17:38 comment added AdamO It really shouldn't matter.
Sep 16, 2022 at 16:41 comment added Dikran Marsupial I personally prefer using integer powers of two - being a computer scientist, they are what I consider to be "round numbers". More seriously, halving and doubling seem to be less of a blunt instrument than multiplying and dividing by ten. 5 or 10 seems to be an anthropocentric decimal number perspective. As they will be implemented by a digital computer using binary representations, I would be mildly surprising if there was a good reason for this (but you live and learn ;o). Some "simple" decimals don't have finite binary representations so what is simply to us may not be for the computer.
Sep 16, 2022 at 16:29 history asked Mr Frog CC BY-SA 4.0