Standard error of NAPCS collection code sales, value of shipments, or revenue as % of industry sales, value of shipments, or revenue (%)
Term · Economic statistics · MLC-T-ECS-001843
The standard error is a measure of the estimate's variability, defined as the square root of the squared difference, averaged over all possible samples of the same size and design, between the estimator and its average value. For additional information on measures of variability, see the technical documentation.
| Identifier | MLC-T-ECS-001843 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001843",
"term": "Standard error of NAPCS collection code sales, value of shipments, or revenue as % of industry sales, value of shipments, or revenue (%)",
"field": "Economic statistics",
"definition": "The standard error is a measure of the estimate's variability, defined as the square root of the squared difference, averaged over all possible samples of the same size and design, between the estimator and its average value. For additional information on measures of variability, see the technical documentation.",
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/standard-error-of-napcs-collection-code-sales-value-of-shipments-or-revenue-as/"
}
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