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From what ive gathered standard error is how relative to the population some data is, such as how relative an answer is to men or to women. The lower the standard error the more meaningful to the population the data is.
Standard deviation is how different sets of data vary between each other, sort of like the mean.
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Not true!
Standard deviation is a property of the whole population or distribution. Standard error applies to a sample taken from the population and is an estimate for the standard deviation.
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Is standard deviation and standard error the same?
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Why is standard deviation of a statistic called standard error?
The standard error is the standard deviation divided by the square root of the sample size.
Will the standard error always be lower than the standard deviation?
No.
Can standard deviation equal standard error?
If n = 1.
What is the difference between standard error and standard deviation?
Standard error is the difference between a researcher's actual findings and their expected findings. Standard error measures the accuracy of one's predictions. Standard deviation is the difference between the results of one's experiment as compared with other results within that experiment. Standard deviation is used to measure the consistency of one's experiment.
