x’ forecast only on HP-32E
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06-24-2023, 02:32 PM
Post: #18
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RE: x’ forecast only on HP-32E
Dave Britten wrote:
Quote:Couldn't you just find the minimum and maximum values of x for which the given value of y falls within a 95% confidence interval?This would be possible if the x-variable had an distribution like the y-variable. But it has not. For instance x can be a time variable like a year. If there is an increasing trend a lower y would lead to a lower x, in this case to the beginning of the year. It easily can be that due to saisonality in the beginning of the year there is a higher y than in the middle of the year. So this does not make sense. |
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