Standard error is useful for answering questions such as: a. Is the estimator biased? b. Are there confounds in my data? c. How much gold could a goldfish fish, if a goldfish could fish gold? d. What is a plausible range of values for a parameter, given the statistic observed in a particular sample?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Standard error is useful for answering questions such as:

a. Is the estimator biased?
b. Are there confounds in my data?
c. How much gold could a goldfish fish, if a goldfish could fish gold?
d. What is a plausible range of values for a parameter, given the statistic observed in a particular sample?
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