What is the concept of the standard error in relation to a sampling distribution?
- It is the mean of the population
- It is the mean of the sampling distribution
- It is the standard deviation of the population
- It is the standard deviation of the sampling distribution
The standard error is a statistical term that measures the standard deviation of the sampling distribution. In other words, it provides a measure of the variability or dispersion of sample means around the population mean. A smaller standard error indicates that the sample mean is likely to be a closer approximation to the population mean.
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