Fundamentals of Mathematical Statistics (BCA) 1st Sem Previous Year Solved Question Paper 2022

Probable error is a measure of the dispersion or variability of a set of data points. It is a statistical term used to quantify the average deviation of individual data points from a central value, often the mean or median, in a dataset. The probable error represents a single value that provides an estimate of the typical or average difference between data points and the central value, indicating the precision or reliability of the data set. A smaller probable error indicates less variability and greater precision in the data.