Describe how the sample size affects the standard error?

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1201074

2026-07-26 00:15

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Standard error (which is the standard deviation of the distribution of sample means), defined as σ/√n, n being the sample size, decreases as the sample size n increases.

And vice-versa, as the sample size gets smaller, standard error goes up. The law of large numbers applies here, the larger the sample is, the better it will reflect that particular population.

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