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difference_between_prediction_and_confidence_intervals

The key point is that the confidence interval tells you about the likely location of the true population parameter. … Prediction intervals must account for both the uncertainty in knowing the value of the population mean, plus data scatter. So a prediction interval is always wider than a confidence interval.
https://www.graphpad.com/support/faq/the-distinction-between-confidence-intervals-prediction-intervals-and-tolerance-intervals/

difference_between_prediction_and_confidence_intervals.txt · Last modified: 2018/12/19 11:35 by hkimscil