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Why Do Researchers Prefer Sampling Distributions with Small Standard Errors

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Why do researchers prefer sampling distributions with small standard errors?


Definitions:

Erik Olin Wright

An American sociologist known for his work on class structure, social stratification, and alternatives to capitalist economies.

Marx

Karl Marx, a 19th-century philosopher, economist, and socialist, known for his critique of capitalism and theory of historical materialism.

Class Analysis

The study of the social and economic divisions within society, particularly regarding social class and inequality.

Stratification

The arrangement or classification of society into layers or classes based on factors like wealth, occupation, or race.

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