Ans: It means that it appears all over the place; it is hard not to find it showing up in everyday life applications.
Ans: SDave = SD / √n
Ans: It give you an idea of how accurate the sample mean is for estimating the true measurement in an ideal measurement model. You divide by square root of n because the mean is a more accurate measure of μ than an individual observation.
Ans: See the discussion in The Ideal Measurement Model.