Which of the following is true of prediction intervals?
A) It provides estimates for variables that can have only two possible outcomes.
B) It is associated with the distribution of a random variable.
C) It provides an interval estimate of a population parameter.
D) It is associated with the sampling distribution of a statistic.

Question

Quizplus · Accepted Answer

Prediction intervals are associated with the distribution of a random variable, indicating the range within which a future observation is expected to fall with a certain probability.

Which of the Following Is True of Prediction Intervals