Explain the distinction between confidence interval and the prediction interval.

Question

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Answer 1

Question

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

b.

To determine

Explain the reason of wide prediction interval.

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

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Answer 2

Question

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

b.

To determine

Explain the reason of wide prediction interval.

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Expert Solution & Answer

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Answer 3

Question

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

b.

To determine

Explain the reason of wide prediction interval.

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

b.

To determine

Explain the reason of wide prediction interval.

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Expert Solution & Answer

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Answer 5

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

b.

To determine

Explain the reason of wide prediction interval.

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Answer 6

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

Answer 7

Chapter 12, Problem 8CR

a.

To determine

Explain the distinction between confidence interval and the prediction interval.

Answer 8

b.

To determine

Explain the reason of wide prediction interval.

Answer 9

b.

To determine

Explain the reason of wide prediction interval.

Answer 10

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

Answer 11

c.

To determine

Explain the reason of narrowest interval for the X value which is near to mean.

Answer 12

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Answer 13

d.

To determine

Explain when the quick rules of the intervals give acceptable results and when not.

Answer 14

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Answer 15

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Answer 16

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Answer 17

Ch. 12.1 - Prob. 1SE Ch. 12.1 - Prob. 2SE Ch. 12.1 - Prob. 3SE Ch. 12.1 - Prob. 4SE Ch. 12.1 - Prob. 5SE Ch. 12.1 - Prob. 6SE Ch. 12.2 - (a) Interpret the slope of the fitted regression...Ch. 12.2 - (a) Interpret the slope of the fitted regression...Ch. 12.2 - Prob. 9SE Ch. 12.2 - (a) Interpret the slope of the fitted regression...

Explain the distinction between confidence interval and the prediction interval.

Solution Summary: The author explains the difference between the confidence interval and the prediction interval.

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Explain the distinction between confidence interval and the prediction interval.

Explain the reason of wide prediction interval.

Explain the reason of narrowest interval for the X value which is near to mean.

Explain when the quick rules of the intervals give acceptable results and when not.

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Chapter 12 Solutions