In professional sports, a franchise player is an athlete who is not simply the best player on their team, but a player that the team can build their franchise (team) around for the foreseeable future.
The standard error is the estimated standard deviation or measure of variability in the sampling distribution of a statistic. A low standard error means there is relatively less spread in the sampling distribution.
(Redirected from Standard error (statistics)). For the computer programming concept, see standard error stream. For a value that is sampled with an unbiased normally distributed error, the above depicts the proportion of samples that would fall between 0, 1, 2, and 3 standard deviations above and below the actual value.