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Can you explain what resampling is? Can you name 2 separate resampling methods and explain the pros and cons?

Bonus: Can you tell me about a time where you had to use a resampling technique?
"""

"""
Resampling - Estimating the Population parameter multiple times from our data sample.

2 types of resampling
1. Bootstrap - Samples are drawn with replacement
2.k-Fold Cross validation - Dataset is partitioned into k groups. Each group is held out and used as Test set. 
"""
