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Refers to the standard deviation of the sampling distribution of a statistic calculated from a sample. Standard errors are often required when forming confidence intervals or testing hypotheses about the population from which the statistic was sampled.

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What is the name for this unintuitive result with OLS on a very "asymmetric" regressand, and...

Say our sample consists of about a hundred Belgian (x = 0) and Swiss (x = 1) chocolate bars. We test them to see if they have safe (y = 1) or lethal (y = 0) levels of arsenic. As it turn out, 90% are …
Nils Enevoldsen's user avatar