epävarmuustaivariaatioväli
Epävarmuustaivariaatioväli is a Finnish term used in statistics and forecasting to describe an interval that expresses the overall uncertainty surrounding a forecast when the target variable exhibits time-varying behavior. The concept combines two sources of uncertainty: estimation error in the model’s parameters and the intrinsic variation of the process over time. The term is not universally standardized and tends to appear in discussions of interval forecasts that emphasize temporal dynamics.
Relation to other concepts: A confidence interval typically reflects parameter uncertainty, while a prediction interval covers
Computation: In a Bayesian setting, the posterior predictive interval provides this type of interval by integrating
Applications and interpretation: The concept is useful in fields with time-varying targets, such as weather forecasting,