Very clear the explanation. How would be the formula for the standard error of a prediction interval? Yhat +/- t* ..... .? Could i use it to predict an interval of time series?
The equation for the standard error for the prediction interval is on the screen around 5:28. As for time series, they have much wider prediction intervals! Check out the end of th-cam.com/video/v-oHJ22TsDc/w-d-xo.html for an introduction.
I really like the idea of the "allows us to say" sentences. Thank you!
Thank you for a clear video!
Thank you! I think I am finally starting to understand the difference between confidence and prediction intervals!
Very helpful, thank you!
Hey, I watch a lot of videos and I got confused but you saved me. Thanks.
Very clear the explanation. How would be the formula for the standard error of a prediction interval? Yhat +/- t* .....
.?
Could i use it to predict an interval of time series?
The equation for the standard error for the prediction interval is on the screen around 5:28. As for time series, they have much wider prediction intervals! Check out the end of th-cam.com/video/v-oHJ22TsDc/w-d-xo.html for an introduction.
Hi, can I use the same approach for confidence and prediction intervals of nonlinear functions?
The interpretation sentences should be about the same, but the standard error calculations may be different, depending on the model.