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Introducing prediction intervals for sample means.

Authors :
Contini, Molly E.
Spence, Jeffrey R.
Stanley, David J.
Source :
Biochemia Medica. 2024, Vol. 34 Issue 3, p1-10. 10p.
Publication Year :
2024

Abstract

Researchers and practitioners are typically familiar with descriptive statistics and statistical inference. However, outside of regression techniques, little attention may be given to questions around prediction. In the current paper, we introduce prediction intervals using fundamental concepts that are learned in descriptive and inferential statistical training (i.e., sampling error, standard deviation). We walk through an example using simple hand calculations and reference a simple R package that can be used to calculate prediction intervals. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13300962
Volume :
34
Issue :
3
Database :
Academic Search Index
Journal :
Biochemia Medica
Publication Type :
Academic Journal
Accession number :
180483132
Full Text :
https://doi.org/10.11613/BM.2024.030101