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Explain the distinction between the standard deviation and the stand.pdf

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The document explains the difference between standard deviation and standard error. Standard deviation measures the variability around the mean, while standard error reflects the variability of a statistic's sampling distribution. Standard errors are crucial for understanding sampling fluctuations in statistics.

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Explain the distinction between the standard deviation and the standard error. Solution Standard deviation is a measure of dispersion/ variability around the mean. The standard error of a statistic is the standard deviation of the sampling distribution of that statistic. Standard errors are important because they reflect how much sampling fluctuation a statistic will show.

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Explain the distinction between the standard deviation and the stand.pdf

  • 1. Explain the distinction between the standard deviation and the standard error. Solution Standard deviation is a measure of dispersion/ variability around the mean. The standard error of a statistic is the standard deviation of the sampling distribution of that statistic. Standard errors are important because they reflect how much sampling fluctuation a statistic will show.