Which of the following statements is true about prediction intervals?
A)The width of the prediction interval is affected by the size of the standard deviation of the population distribution.
B)A prediction interval is concerned with predicting values for individuals.
C)Prediction intervals are wider than confidence intervals because there is more uncertainty in predicting an individual's value.
D)All of these statements are true.

Question

Quizplus · Accepted Answer

All the statements are true: A) The standard deviation affects the width of the interval, B) Prediction intervals are used for individual predictions, and C) They are wider than confidence intervals due to greater uncertainty in individual predictions.

Which of the Following Statements Is True About Prediction Intervals