Why is the standard error important?
A)It gives you a measure of how well your sample parameter represents the population value.
B)It is unaffected by outliers.
C)It is unaffected by the distribution of scores.
D)It tells us the precise value of the variance within the population.

Question

Quizplus · Accepted Answer

The standard error provides a measure of the precision with which the sample mean represents the population mean. It reflects the amount of random error in the sample mean, and thus can provide guidance on how accurately we can estimate the population mean.

Why Is the Standard Error Important