For a Given Confidence Level, the Prediction Interval Is Always

question 70

Multiple Choice

For a given confidence level, the prediction interval is always wider than the confidence interval because ________.

• A) the confidence interval is for a particular value of y rather than for the expected value E(y)
• B) the prediction interval is for a particular value of y rather than for the expected value E(y)
• C) the confidence interval is for a particular value of x rather than for the expected value E(x)
• D) the prediction interval is for a particular value of x rather than for the expected value E(x)

---

Definitions:

Business Model

Describes the rationale of how an organization creates, delivers, and captures value in economic, social, cultural, or other contexts.

Extinct

A term describing a species or condition that no longer exists anywhere on Earth.

Developed

Refers to countries, regions, or economies that have achieved a high level of industrialization, technological advancement, and standard of living.

Business Ecosystems

A network of interlinked companies, including suppliers, distributors, customers, competitors, and government agencies, that co-evolve and support the delivery of products and services.