Question: In addition to providing a point forecast, many software packages (such as the ETS method in R) can provide a prediction interval as an interval
In addition to providing a point forecast, many software packages (such as the ETS method in R) can provide a prediction interval as an interval forecast for a future time period, for any given confidence level.
A greater value of the confidence level will yield a ______ prediction interval in its length.
a. Can be longer or shorter
b. Longer
c. Shorter
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