Standard error for Dummies [General Sta­tis­tics]

posted by Ben – Germany, 2016-12-29 15:32 (3460 d 11:56 ago) – Posting: # 16906
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Dear Maestro,

Not sure if there is a better description that the one from Wiki. For me it is really the best definition and interpretation: it represents the standard deviation of the estimate of a certain statistic/estimator (like the mean).

❝ For me the Standard Deviation (AKA Standard error SE) is a measure of how variable measurements are.


Therefore, imho we should be careful when saying "AKA" here. The standard error is a specific standard deviation, referring not to individual measured values but to an estimator of a certain parameter.

Best,
Ben.

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