Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
Bootstrap
3 key takeaways
Copy link to section- Statistical Bootstrap: A resampling technique used to estimate the distribution of a statistic by repeatedly sampling with replacement from the original dataset.
- Web Development Bootstrap: A front-end framework that provides pre-designed HTML, CSS, and JavaScript components for building responsive and mobile-first websites.
- Application: Statistical bootstrap is used in inferential statistics to estimate confidence intervals and standard errors, while Bootstrap framework is used by web developers to create aesthetically pleasing and functional web pages quickly.
What is bootstrap?
Copy link to sectionStatistical Bootstrap
Copy link to sectionIn statistics, bootstrap is a resampling method introduced by Bradley Efron in 1979. It involves repeatedly drawing samples with replacement from a dataset and calculating the desired statistic for each sample. This method helps estimate the sampling distribution of a statistic and is particularly useful when the theoretical distribution is complex or unknown.
Key Features
- Resampling with Replacement: Each sample is drawn from the original dataset with replacement, meaning the same data point can appear multiple times in a single resampled dataset.
- Estimation: Used to estimate the distribution of a sample statistic, such as the mean, median, variance, or regression coefficients.
- Confidence Intervals: Helps in constructing confidence intervals for population parameters by analyzing the variability of the resampled statistics.
Web Development Bootstrap
Copy link to sectionIn web development, Bootstrap is an open-source front-end framework originally developed by Twitter. It provides a collection of reusable HTML, CSS, and JavaScript components that developers can use to create responsive and mobile-first web applications quickly and efficiently.
Key Features
- Responsive Design: Ensures web pages look good on all devices, from desktops to smartphones, by using a flexible grid system and responsive classes.
- Pre-designed Components: Includes a wide range of pre-designed components, such as navigation bars, buttons, forms, modals, and carousels, which can be easily customized.
- Cross-browser Compatibility: Designed to work seamlessly across all major web browsers, ensuring a consistent user experience.
Real world application
Copy link to sectionStatistical Bootstrap
Copy link to section- Estimating Confidence Intervals: Bootstrap methods are used to estimate confidence intervals for various statistics when the sample size is small or the underlying distribution is unknown.
- Hypothesis Testing: Used in hypothesis testing to determine the distribution of test statistics and to calculate p-values.
- Regression Analysis: Helps in assessing the stability and accuracy of regression coefficients by resampling the data and evaluating the variability of the coefficients.
Web Development Bootstrap
Copy link to section- Rapid Prototyping: Developers use Bootstrap to quickly create prototypes and MVPs (Minimum Viable Products) due to its pre-designed components and ease of use.
- Consistent Design: Ensures a consistent design across different web pages and applications, which is crucial for brand identity and user experience.
- Responsive Web Applications: Widely used to develop websites and web applications that need to be fully responsive and functional on a variety of devices and screen sizes.
More definitions
Sources & references

Arti
AI Financial Assistant