Prediction Intervals

The formulas that JMP uses for computing prediction intervals are as follows:

• For m future observations:

• For the mean of m future observations:

• For the standard deviation of m future observations:

where m = number of future observations, and n = number of points in current analysis sample.

• The one-sided intervals are formed by using 1-α in the quantile functions.

See Meeker et al. (2017, ch. 4).