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Katherine Nam
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expected value of the sample mean is always equal to
μ
\mu
μ
standard error
estimate of the standard
deviation
of the sampling distribution
standard error describes
how
close
the statistic falls to the
parameter
that it estimates
standard
error measures
the variability in the values of the statistic for
repeated
random samples of the same
size
n
standard error
is the standard
deviation
of the sampling distribution of a
statistic
standard error will be
reduced
for samples with
larger
sample size where the samples are form the
same population
squared
value of the
standard error
variance
of the statistic
standard error equation
SE
=
\text{SE} =
SE
=
s
n
\frac{\text{s}}{\sqrt{\text{n}}}
n
s
a
large standard error
implies that
there is a great amount of variability in the
statistic
; the
statistic
is not expected to be very close to the parameter
as the sample size increases, the sampling distribution of the sample mean looks more like
the
normal
distribution
as the sample size increases, the data distribution looks more like
the
population
distribution
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