The lower the standard error: Multiple Choice the more precisely the parameter estimates the true values. the less confident the manager can be that the parameter estimates reflect the true values. the less precisely the parameter estimates the true values. the more confident the manager can be that the parameter estimates reflect the true values.

The more confident the manager can be that the parameter estimates reflect the true values.

Step-by-step explanation:

Standard error:

The standard error is a parameter that is direct proportional to the margin of error of a confidence interval, that is, the higher the standard error, the higher the margin of error of the confidence interval.

A lower margin of error leads to a more precise interval, thus, a lower standard error will also mean a higher confidence for the estimate, and thus, the correct option is:

The more confident the manager can be that the parameter estimates reflect the true values.

step-by-step explanation:

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