A _____ is an interval estimate of an individual y value, given values of the independent variables. Group of answer choices prediction interval confidence interval interval estimation regression

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18-07-2022
Mathematics

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A _____ is an interval estimate of an individual y value, given values of the independent variables. Group of answer choices prediction interval confidence interval interval estimation regression

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tanvigupta426 tanvigupta426 · Answer 1 · 2022-07-22T17:39:46+02:00

A confidence interval is an interval estimate of an individual y value, given values of the independent variables.

According to statement

we have to find a interval which give an estimate of an individual y value, given values of the independent variables.

Confidence interval tells that more than just the possible range around the estimate. It also tells about how stable the estimate is. A stable estimate is one that would be close to the same value if the survey were repeated.

So, A confidence interval is an interval estimate of an individual y value, given values of the independent variables.

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