Question: Distinguish between confidence interval and prediction interval in the context of predicting the value of the dependent variable by using a regression equation. Choose correctly

Distinguish between confidence interval and prediction interval in the context of predicting the value of the dependent variable by using a regression equation.

Choose correctly from these 3 choices:

The confidence interval is normally wider than the prediction interval.

The prediction interval is normally wider than the prediction interval.

Either interval may quite likely be wider than the other interval.

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