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Prediction and Tolerance Intervals

In: EnvironmentalStats for S-Plus

Author

Listed:
  • Steven P. Millard

    (Probability, Statistics & Information)

Abstract

Any activity that requires constant monitoring over time and the comparison of new values to “background” or “standard” values creates a decision problem: if the new values greatly exceed the background values, has a change really occurred, or have the true underlying concentrations stayed the same and this is just a “chance” event? Statistical tests are used as objective tools to decide whether a change has occurred (although the choice of Type I error level and acceptable power are subjective decisions; see Chapter 8: Hypothesis Tests and Statistical Models).

Suggested Citation

  • Steven P. Millard, 1998. "Prediction and Tolerance Intervals," Springer Books, in: EnvironmentalStats for S-Plus, chapter 0, pages 195-213, Springer.
  • Handle: RePEc:spr:sprchp:978-1-4684-0460-9_8
    DOI: 10.1007/978-1-4684-0460-9_8
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