the standard error can be used to gauge the precision of a statistical estimate or to permit a judgement being made of divergence between expected and observed values.
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The standard error (SE) of a statistic is the approximate standard deviation of a statistical sample population. The standard error is a statistical term that measures the accuracy with which a sample distribution represents a population by using standard deviation. In statistics, a sample mean deviates from the actual mean of a population—this deviation is the standard error of the mean.
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