Bootstrap prediction intervals provide a nonparametric measure of the probable error of forecasts from a standard linear regression model. These intervals approximate the nominal probability content in small samples without requiring specific assumptions about the sampling distribution. Empirical measures of the prediction error rate motivate the choice of these intervals, which are calculated by an application of the bootstrap. The intervals are contrasted to other nonparametric procedures in several Monte C…
scite is a Brooklyn-based startup that helps researchers better discover and evaluate scientific articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by researchers from dozens of countries and is funded in part by the National Science Foundation and the National Institute of Drug Abuse of the National Institutes of Health.