Question
Answer with explanation The confidence interval estimate of the expected value of y will be wider than the prediction interval for the same given value
Answer with explanation
The confidence interval estimate of the expected value of y will be wider than the prediction interval for the same given value of x and confidence level. This is because there is more error in estimating a mean value as opposed to predicting an individual value.
True or False
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Linear Algebra
Authors: Stephen H Friedberg, Arnold J Insel, Lawrence E Spence
4th Edition
0321998898, 9780321998897
