Standard Errors and Central Limit Theorm Flashcards

1
Q

Standard error

A

-Differences between characteristics of the sample relative to the population
-Any statistic calculated from sample data can have SE

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2
Q

Standard error formula

A

SD of the sample/sqr rt of sample size

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3
Q

Central limit theorem

A

Distribution of a sample means begins to approach a normal curve if either of the following conditions are met: the population from which the samples are drawn is normal or the sample N is around 30+

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