Standard Error Formula:
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The standard error (SE) is a measure of the variability of a sample statistic (like the mean) from the true population parameter. It quantifies the precision of the sample mean as an estimate of the population mean.
The calculator uses the standard error formula:
Where:
Explanation: The formula shows that standard error decreases as sample size increases, and increases with greater variability in the data.
Details: Standard error is crucial for constructing confidence intervals and conducting hypothesis tests. It helps researchers understand the precision of their estimates.
Tips: Enter the sample standard deviation (must be ≥ 0) and sample size (must be ≥ 1). The calculator will compute the standard error of the mean.
Q1: What's the difference between standard deviation and standard error?
A: Standard deviation measures variability in the data, while standard error measures the precision of the sample mean estimate.
Q2: Why does standard error decrease with larger sample sizes?
A: Larger samples provide more precise estimates of the population mean, reflected in a smaller standard error.
Q3: When should I use standard error?
A: Use SE when constructing confidence intervals or comparing means between groups in statistical tests.
Q4: Can standard error be zero?
A: Only if there's no variability in the data (s=0) or sample size is infinite, both unrealistic scenarios.
Q5: How is standard error related to confidence intervals?
A: A 95% CI is typically calculated as mean ± 1.96×SE (for large samples).