Asked by
Ashlynn Wright
on Oct 30, 2024Verified
The standard error of the mean is found by dividing the population standard deviation by the square root of the sample size.
Standard Error
A statistical measure that quantifies the accuracy with which a sample distribution represents a population by describing the dispersion of sample means around the population mean.
Population Standard Deviation
A measure of the dispersion of a population’s values from the mean, indicating how spread out the data points are.
Sample Size
The number of observations or elements selected from a population to study certain characteristics.
- Ascertain the significance of standard error in the context of statistical evaluations and the process for its computation.
Verified Answer
JB
Learning Objectives
- Ascertain the significance of standard error in the context of statistical evaluations and the process for its computation.