Statistics - Standard Error (SE)
1 - About
Standard Error can be seen as the standard deviation of the error distribution. It determines the spread of the x's around the mean.
From two data set from the same population, we can get for the slope 0,5 or - 0.1 for instance. Standard Error permits to say how close is a coefficient to 0.
How much sampling error are we going to get, just due to chance. The standard error defines what you will just get due to chance.
Standard Error is the average amount of sampling error.
2 - Articles Related
3 - Formulas
3.1 - Influence
Standard error and therefore sampling error are determined by:
- Sample size (largely)