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

question 73

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 sample size determines the difference.

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Definitions:

Statistical Discrimination

Statistical discrimination happens when assumptions are made about individuals based on aggregate statistics or stereotypes rather than personal attributes.

On-The-Job Training

This is a form of education where employees learn and acquire skills while working at their job positions.

Discrimination Coefficient

A statistical measure in economics or social science indicating the degree to which a variable, such as price or income, discriminates or differentiates between individuals or groups.