Confidence and prediction intervals (1 of 1)

[@reactionchamber]

I really like the idea of the "allows us to say" sentences. Thank you!

[@gaurav012]

Thank you! I think I am finally starting to understand the difference between confidence and prediction intervals!

[@hydrologicmodeling9020]

Thank you for a clear video!

[@dmitriidoroftei4478]

Very helpful, thank you!

[@rakeshbadgujar7830]

Hey, I watch a lot of videos and I got confused but you saved me. Thanks.

[@danielebaldoni2181]

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?

[@AmeliaMcNamara]

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 kzbin.info/www/bejne/rF7SeX1oZ7mmesU for an introduction.

[@duanebarrosfonseca]

Hi, can I use the same approach for confidence and prediction intervals of nonlinear functions?

[@AmeliaMcNamara]

The interpretation sentences should be about the same, but the standard error calculations may be different, depending on the model.