Which of the Following Statements Is Not True About Prediction

question 56

Multiple Choice

Which of the following statements is not true about prediction intervals?

• A) Prediction intervals are wider than confidence intervals because there is more uncertainty in predicting an individual's value.
• B) The width of the prediction interval is affected by the size of the standard deviation of the
• Population distribution.
• C) A prediction interval is concerned with estimating a population parameter.
• D) All of these statements are true.

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Definitions:

Self-Serving Bias

Self-serving bias is a cognitive bias that leads individuals to attribute their successes to internal characteristics and failures to external factors.

Downward Comparison

The act of comparing oneself to others who are worse off in order to feel better about one's own situation.

Upward Comparison

Comparing oneself to others who are better off or more successful, which can influence self-esteem and motivation.

Temporal Comparison

The process of comparing one's past self to their current self to assess changes over time.