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Prediction and Tolerance Intervals

Steven P. Millard
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Steven P. Millard: Probability, Statistics & Information

Chapter Chapter 7 in EnvironmentalStats for S-Plus, 1998, pp 195-213 from Springer

Abstract: 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).

Keywords: Poisson Distribution; Lognormal Distribution; Tolerance Limit; Prediction Interval; Tolerance Interval (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1007/978-1-4684-0460-9_8

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