Question: a. What is the difference between a prediction interval and a confidence interval? b. Which type of interval should you use to learn about the

a. What is the difference between a prediction interval and a confidence interval?
b. Which type of interval should you use to learn about the mean spending habits of your typical customer?
c. Which type of interval should you use to learn about the spending habits of an individual customer?

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a The confidence interval tells you where the population mean is with ... View full answer

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