Prediction Intervals in Python. Learn three ways to obtain prediction… | by Zolzaya Luvsandorj | Aug, 2022
Photo by Shubham Dhage on UnsplashData Science FundamentalsLearn three ways to obtain prediction intervalsIf I ask you to guess how many movies I watched in the past week, would you feel more confident to guess “2 to 6” or “3”? We would probably agree that guessing with a range gives us a better chance of being correct than guessing with a single number. Similarly, a prediction interval gives us a more reliable and transparent estimate than a single-value prediction. In this post, we will learn three ways to obtain…