Claudiu Clement is a senior consultant at e-Comas and a teaching assistant in the field of data literacy for the University of Alexandru Ioan Cuza in Romania. He has been working as a data consultant since 2017. Prior to joining e-Comas, where he helps business leaders grow their company through data, he worked as a data consultant for BDO Advisory. He received his PhD in statistics from the University of Alexandru Ioan Cuza.
Standard deviation measures the dispersion of data in relation to the mean, while standard error indicates the precision of the estimate of the sample mean. Here’s how to find them.