Title: Bayesian Prediction Intervals and Their Relationship to Tolerance Intervals
Abstract:We consider Bayesian prediction intervals that contain a proportion of a finite number of observations with a specified probability. Such intervals arise in numerous applied contexts and are closely r...We consider Bayesian prediction intervals that contain a proportion of a finite number of observations with a specified probability. Such intervals arise in numerous applied contexts and are closely related to tolerance intervals. Several examples are provided to illustrate this methodology, and simulation studies are used to demonstrate potential pitfalls of using tolerance intervals when prediction intervals are required.Read More
Publication Year: 2004
Publication Date: 2004-10-19
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 35
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