Explain the difference between a confidence interval and a prediction interval. Which interval is always wider? Why?

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Explain the difference between a confidence interval and a prediction interval. Which interval is always wider? Why? Which interval is probably, depending on the situation, more useful to the data miner? Why?

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Data Mining And Predictive Analytics

ISBN: 9781118868676

2nd Edition

Authors: Daniel T Larose, Chantal D Larose

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Question Posted: Jul 20, 2024 07:04 AM

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Explain the difference between a confidence interval and a prediction interval. Which interval is always wider? Why?

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Data Mining And Predictive Analytics

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