When Comparing the 95% Confidence and Prediction Intervals for a Given

question 43

Multiple Choice

When comparing the 95% confidence and prediction intervals for a given regression analysis ______________.

• A) The confidence interval is wider than a prediction interval
• B) The confidence interval is narrower than a prediction interval
• C) There is no difference between confidence and prediction intervals
• D) The prediction interval has a higher level of confidence

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Definitions:

Sizing Handle

A graphical user interface component, usually seen as small boxes on the corners of a selected object, that allows the user to resize the object.

New Record

Refers to setting or achieving an unprecedented level or result in a particular field.

Lookup Value

In spreadsheet applications, a function that searches for a value in a column or row and returns a corresponding value from another column or row.

Table Array

A range of cells within a spreadsheet or database that is organized in rows and columns, often used in lookup functions.