State term standard error why is standard error significant

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Define the term standard error. Why is the standard error important in research using sample distributions? Consider the following scenario: A random sample obtained from a population has a mean of µ=100 and a standard deviation of σ = 20. The error between the sample mean and the population mean for a sample of n = 16 is 5 points and the error between a sample men and population mean for a sample of n = 100 is 2 points. Explain the difference in the standard error for the two samples.

Reference no: EM13464452

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