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Respond to the following in a minimum of 175 words, please type response: The standard error of...

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Basic Math

Respond to the following in a minimum of 175 words, please typeresponse:

The standard error of the estimate of the mean is represented bythe equation: ??n Discuss what this equation means, using your ownwords and explain why we use it. Consider how it relates to thefact that we are making assumptions about the population and notjust the sample.

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3.7 Ratings (338 Votes)
Suppose we are working with some distribution of which we donot know the population mean So we use thestatistic samplemean as an estimator for Since this is onlyan estimate and not the true value we should also deal with theerrors associated with itThis error is calculated as So basically by using the term standard error    See Answer
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