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Std. error vs. Std. deviation
Message posted by Carrie (via 64.228.103.73) on January 5, 2002 at 2:14 AM (ET)
Explain why a standard error of means will always be smaller than the standard deviation of that variable?
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Re: Std. error vs. Std. deviation
Message posted by JG (via 172.163.237.19) on January 5, 2002 at 3:12 AM (ET)
averaging reduces variation. there is a statistics 'law' that says this but I do not remeber the name at this moment - I think it is the law of large numbers
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