Standard Error Formula:
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The standard error of the mean (SEM) measures how far the sample mean of the data is likely to be from the true population mean. It quantifies the precision of the sample mean as an estimate of the population mean.
The calculator uses the standard error formula:
Where:
Explanation: The standard error decreases as sample size increases, showing that larger samples provide more precise estimates of the population mean.
Details: SEM is crucial for constructing confidence intervals and conducting hypothesis tests about the population mean. It's fundamental in inferential statistics.
Tips: Enter the population standard deviation (σ) in the same units as your measurements, and sample size (n) as a positive integer.
Q1: What's the difference between SD and SEM?
A: SD measures variability in your data, while SEM measures precision of your sample mean estimate.
Q2: Why does SEM decrease with √n?
A: The law of large numbers shows that larger samples better approximate the population, reducing sampling error.
Q3: When is this formula not appropriate?
A: When sampling without replacement from small populations (use finite population correction).
Q4: How is SEM used in confidence intervals?
A: 95% CI = mean ± 1.96*SEM (for normal distributions).
Q5: Can I use sample SD instead of population SD?
A: Yes, but this gives an estimated SEM (using s instead of σ).