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Are larger or smaller s e values more preferable? (linear model predictions)

Are larger or smaller s e values more preferable? (linear model predictions)

Math   Statistics-And-Probability   
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Answer #1

SE is an indication of the reliability of the mean.small SE is an indication that the sample Mean is a more accurate reflection of the actual population mean...larger

sample size will normally result in a smaller SE...The smaller the the SE less the spread the more likely it is that any sample mean is close to the population mean. .

Hence smaller SE values more preferable...(ans)

Note-if there is any understanding problem regarding this please feel free to ask via comment box..thank you

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