0
Signin
countryflagUS

18889881171

MSFT 415.85 -0.4643% AAPL 228.66 0.1665% NVDA 145.315 -1.153% GOOGL 175.65 -1.3867% GOOG 177.07 -1.3977% AMZN 202.88 -0.8455% META 564.135 0.5427% AVGO 162.61 -1.6571% TSLA 342.2799 -1.0752% TSM 186.825 -1.5% LLY 754.385 3.3786% V 307.39 -1.4302% JPM 240.935 -0.8865% UNH 601.41 4.2305% NVO 105.52 2.8159% WMT 87.12 0.6005% LVMUY 121.8 -0.5471% XOM 119.97 1.1296% LVMHF 607.0 -0.9465% MA 512.64 -1.3129%

Home » Glossary

Standard Error

Updated on August 29, 2023

What is a standard error?

The standard error can be defined as an approximate standard deviation of the sample population. It is a statistical term that is used to measure the accuracy of the sample in presenting the whole population by employing standard deviation.

When a deviation is observed between the actual mean and the sample mean, it is termed as the standard error of the mean.

 

Highlights
  • The standard error can be defined as an approximate standard deviation of the sample population.
  • The standard error is a statistical term used to measure the accuracy of the sample in presenting the whole population by employing standard deviation.
  • When a deviation is observed between the actual mean and the sample mean, it is termed as the standard error of the mean.

Frequently Asked Questions (FAQs)

What are the applications of standard error?

 

Related Definitions

Trending Words