In terms of probability theory, the standard error is valuable because:
a. it is an estimate of the parameter
b. it permits us to estimate the degree of error to be expected in a sample design.
c. it indicates the extent to which the sample estimates will be distributed around the population parameter.
d. it is an estimate of the parameter and it permits us to estimate the degree of error to be expected in a sample design.
e. it permits us to estimate the degree of error to be expected in a sample design and it indicates the extent to which the sample estimates will be distributed around the population parameter.
c
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