A confidence interval (as opposed to a prediction interval)is used to estimate the long-run average value of y.

Name: A confidence interval (as opposed to a prediction interval)is used to estimate the long-run average value of y.
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A confidence interval is used to estimate the population parameter (in this case, the long-run average value of y) with a certain level of confidence. It is not used for predicting individual values or future outcomes, which is the purpose of a prediction interval.

A Confidence Interval (As Opposed to a Prediction Interval)is Used