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Standard Error

oboloo Glossary

Standard Error

Standard Error is a measure of the variation between samples drawn from a population. It expresses how accurate an estimate of the population parameter is likely to be if measurements are repeatedly taken and the mean of those measurements is calculated. Put simply, it tells you how close your means will be when drawing multiple samples from a population. Standard Error helps us quantify the reliability of our data and its phenomena, allowing us to make more informed decisions and draw more accurate conclusions.

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