Wahrscheinlichkeitsgrenzen
Wahrscheinlichkeitsgrenzen, often translated as probability limits or bounds, refer to the upper and lower values within which a specific probability is expected to fall. These limits are crucial in various statistical and scientific contexts for assessing the uncertainty associated with an estimate or a prediction.
In hypothesis testing, probability limits are closely related to significance levels. For example, a 95% confidence
In predictive modeling, probability limits can be used to express the uncertainty in a forecast. For instance,
The calculation and interpretation of probability limits depend heavily on the underlying statistical model and the