Multiple Choice
What is the difference between a confidence interval and a prediction interval for the dependent variable in correlation analysis?
A) A prediction interval reports the mean value of Y for a given X, whereas a confidence interval reports the range of values of Y for a particular value of X.
B) A confidence interval reports the mean value of Y for a given X, whereas a prediction interval reports the range of values of Y for a particular value of X.
C) A confidence interval reports the value of Y for a given X, whereas a prediction interval reports the value of Y for a particular value of X.
Correct Answer:
Verified
Correct Answer:
Verified
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