Can I interpret the standard error of the estimate in the context of confidence intervals?

Responsive Ad Header

Question

Grade: Education Subject: Support
Can I interpret the standard error of the estimate in the context of confidence intervals?
Asked by:
90 Viewed 90 Answers
Responsive Ad After Question

Answer (90)

Best Answer
(293)
Yes, the standard error of the estimate is used to construct prediction intervals. A prediction interval provides a range within which a future individual observation is likely to fall, with a certain level of confidence. The SEE is a key component in calculating the width of these intervals.