A is one that provides a range for anticipating the value of a new observation from the same population.
A) prediction interval
B) confidence interval
C) t-distribution
D) standard normal distribution

Question

Quizplus · Accepted Answer

The definition provided matches with that of a prediction interval, which is designed to estimate or anticipate the value of a new observation. Confidence interval is designed to estimate the true population mean or proportion, t-distribution is used to estimate the population mean when sample size is small or when population standard deviation is unknown, and standard normal distribution is used to estimate the probability of a random variable taking a certain value or falling within a certain range.

A Is One That Provides a Range for Anticipating the Value