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Utilization management is
Prediction Interval
An estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed.
Population Parameter
A numerical value that describes a characteristic of the entire population.
Confidence Interval
A range of data points, collected from sample observations, considered to contain the value of an unseen population variable.
Confidence Interval
A range of values derived from sample data that is likely to contain the value of an unknown population parameter, with a certain degree of confidence.
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