what is the shortcut method to calculate standard error estimate?
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Then, divide the sum you just calculated by n - 1 and take the square root to get the standard deviation. Finally, to calculate the standard error of your estimate, divide the standard deviation by the square root of the number of measurements . So the standard error equals: So there you go
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The shortest method to find the standard deviation error is to calculate on how much does each measurement taken is in variation with the mean calculated across the regression line.
Explanation:
The standard deviation method is to analyze how the list of elements is deviated from the mean and this methodology is used in various applications of mathematics in order to solve the tedious problems.
Apart from this, this application is also used in the process of probability.
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Explain the Standard Deviation
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