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Prediction Intervals
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Prediction Intervals
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12. Regression / Prediction Intervals / Problem 1
Problem 1
Why is a prediction interval generally wider than a confidence interval for the mean response?
A
It accounts for both the uncertainty in estimating the mean and the variability of individual observations.
B
It ignores the standard error.
C
It uses a smaller t critical value.
D
It is based on the sample mean only.
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