Standard error for Dummies [General Statistics]
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).
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.
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.
Complete thread:
- What's your understanding of a standard error? ElMaestro 2016-12-26 19:05 [General Statistics]
- What's your understanding of a standard error? DavidManteigas 2016-12-27 10:41
- What's your understanding of a standard error? nobody 2016-12-27 10:42
- Standard error for Dummies d_labes 2016-12-27 11:46
- What's your understanding of a standard error? zizou 2016-12-27 19:33