Research Methods and Statistics · Statistics in Psychology: Central tendency and dispersion, normal probability curve, parametric and non-parametric tests, effect size and power analysis · 2 marks · Multiple select
Which of the following describe(s) the standard error of the mean?
It is the standard deviation of the sampling distribution of the mean
It reflects the accuracy with which sample means estimate the population mean
It is the difference between mean and standard deviation of a distribution
It is the standard deviation of a stratified sample
Correct answer: (A) It is the standard deviation of the sampling distribution of the mean; (B) It reflects the accuracy with which sample means estimate the population mean
Explanation
The standard error of the mean is the standard deviation of the sampling distribution of the mean, and it shows how accurately a sample mean estimates the population mean.