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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What is standard error? - Business Mathematics and Statistics

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Question

What is standard error?

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Solution

The standard deviation of the sampling distribution of a statistic is known as its Standard Error abbreviated as S.E.

S.NO Statistic Standard Error
1 Sample mean `sigma/sqrt("n")`
2 Observed sample proportion `sqrt("PQ"/"n")`
3 Sample standard deviation `sqrt(sigma^2/(2"n")`
4 Sample variance `sigma^2 sqrt(2/"n")`
5 Sample quartiles 1.36263 `sigma/sqrt("n")`
6 Sample median 1.25331 `sigma/sqrt("n")`
7 Sample correlation coefficient `((1 - "p"^2))/sqrt("n")`
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Concepts of Sampling
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Chapter 8: Sampling techniques and Statistical Inference - Exercise 8.1 [Page 185]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 12 TN Board
Chapter 8 Sampling techniques and Statistical Inference
Exercise 8.1 | Q 6 | Page 185
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