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This paper is on the modification of 𝑚-out-of-𝑛 bootstrap method for heavy-tailed distributions such as income distribution. The objective of this paper is to present a modified 𝑚-out-of-𝑛 bootstrap method (𝑚𝑚𝑜𝑛) and compare its performance with the existing m-out-of-n bootstrap method (𝑚𝑜o𝑛). The n...
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2015
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