Bayesian bootstrap clones and a biometry function
Albert Y. Lo · Rare & Special e-Zone (The Hong Kong University of Science and Technology) · 1991
A class of random-weighted empirical distributions is introduced. These random-weighted distributions can be used to play the role of the random-weighted distribution of Rubin (1981) and, in fact, the random-weighted distribution of Rubin is a member of this family. The BBC approximations to posterior distributions and sampling distributions are discussed. It is shown that approximations based on these random-weighted distributions and the bootstrap of Efron (1979) are first-order asymptotically equivalent. An example of a life expectancy function (Yang, 1968) is given.