compute the random properties of the estimators using standard Monte Carlo methods.</p>
</section>
<section id="the-bootstrap-in-pseudocode" class="level3 unnumbered">
<h3 class="unnumbered anchored" data-anchor-id="the-bootstrap-in-pseudocode">The bootstrap in pseudocode</h3>
<p>The bootstrap works by applying an estimator to replicated data sets. These replicates are created by subsampling the original data with replacement. The sample quantiles may then be used to estimate standard errors and confidence 