Standard error

Updated: Aug 20, 2021

A statistical term used in production control indicating the possible degree of error that could occur in a sample taken at random.

Reference: The Penguin Business Dictionary, 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.