Use the Prediction Interval option in the Distribution platform to show intervals for 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.
• For statistical details, see Statistical Details for Prediction Intervals.
• For an example, see Example of Prediction Intervals.