Which of the following is not true for a prediction interval?

A) It is an interval estimate of a population parameter.
B) It provides a range for predicting a new value from the same population.
C) It is associated with the distribution of the random variable itself.
D) It has a wider interval than the corresponding confidence interval.

Prediction Interval

An estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed.

Population Parameter

A numerical value that describes a characteristic of the entire population.

Confidence Interval

A range of data points, collected from sample observations, considered to contain the value of an unseen population variable.