Standard deviation point estimate = standard deviation of sample = 1.91
IQR = 15-13 = 2
(16 - 13.65) / 1.91
## [1] 1.230366
(18 - 13.65) / 1.91
## [1] 2.277487
We use the standard error to quantify variability.
\(SE = \frac{13.65}{sqrt(100)} = 1.365\)
13.65 / sqrt(100)
## [1] 1.365