The approximate standard error of the point estimate of the population total is .

Question

The approximate standard error of the point estimate of the population total is  .

Quizplus · Accepted Answer

The statement is true. The standard error of the point estimate of the population total is a measure of the variability in the sample means, and is typically calculated as the sample standard deviation divided by the square root of the sample size. Its value depends on the sample size and the variability in the data, but it is always positive. In this case, the standard error is given as an approximate value.

The Approximate Standard Error of the Point Estimate of the Population