The standard error of the mean is the best estimate that we can come up with given that it is impossible to compute ______.
A)all of the possible variances
B)all of the possible standard deviations
C)all of the possible means
D)all of the possible medians

Question

Quizplus · Accepted Answer

We cannot compute all of the possible means since there are infinitely many possible samples that could be drawn from a population. Therefore, the standard error of the mean is used as the best estimate of the population mean.

The Standard Error of the Mean Is the Best Estimate