What are the two factors that determine the standard error of a point estimate?
A) population size and sample size
B) sample estimate and population statistic
C) standard deviation and variance of estimate
D) sample size and variance of estimate

Question

Quizplus · Accepted Answer

The standard error of a point estimate is determined by the sample size and the variance of the estimate. A larger sample size and a smaller variance both contribute to a smaller standard error, indicating a more precise estimate.

What Are the Two Factors That Determine the Standard Error