Prediction Intervals

Prediction intervals concern a single observation, or the mean and standard deviation of the next randomly selected sample. The calculations assume that the given sample is selected randomly from a normal distribution. Select one-sided or two-sided prediction intervals.

When you select the Prediction Interval option for a variable, the Prediction Intervals window appears. Use the window to specify the confidence level, the number of future samples, and either a one-sided or two-sided limit.

Related Information

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For statistical details, see Prediction Intervals.

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For an example, see Example of Prediction Intervals.