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SEM Models Are Estimated So as to Minimize the Difference

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SEM models are estimated so as to minimize the difference between the observed and estimated covariance matrices.


Definitions:

Standard Error

The standard deviation of the sample mean distribution or an estimate of that standard deviation.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the dataset deviate from the mean.

Sample Size

The number of observations or individuals included in a sample drawn from a population.

T-statistic

A ratio used in hypothesis testing that compares the observed difference between sample mean and the population mean relative to the sample variability.

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