Multiple Choice
How does a confidence interval differ from a prediction interval?
A) Confidence intervals are used to measure the accuracy of a single individual's predicted value, while a prediction interval is used to measure the accuracy of the mean response of all the individuals in the population.
B) Confidence intervals are used to measure the accuracy of the mean response of all the individuals in the population, while a prediction interval is used to measure the accuracy of a single individual's predicted value.
C) Confidence intervals are constructed about the predicted values of x while prediction intervals a constructed about a particular value of y
D) Confidence intervals are constructed about the predicted values of y while prediction intervals a constructed about a particular value of x
Correct Answer:
Verified
Correct Answer:
Verified
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