Which of the Following Is True of Prediction Intervals

question 33

Multiple Choice

Which of the following is true of prediction intervals?

• A) It provides estimates for variables that can have only two possible outcomes.
• B) It is associated with the distribution of a random variable.
• C) It provides an interval estimate of a population parameter.
• D) It is associated with the sampling distribution of a statistic.

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Definitions:

Discrete Random Variable

A type of random variable that can take on a countable number of distinct values.

Discrete Random Variable

A random variable that can take on a countable number of distinct values.

Variance

A measure of the dispersion or spread of a set of data points, indicating how much the data deviate from their mean.

Random Variable

A variable that can take on numerical results stemming from a random event.