Hi everyone,
I have fitted a custom function (nonlinear fitting) to my data and after the analysis I have the option to obtain “asymptotic CI of prediction for individual response, which includes the error term” and “asymptotic CI of prediction, i.e. for the expected value”. I am unsure of the wording here and wondering if the latter one refers to the prediction interval?
To me it does sound like the prediction interval but the interval is rather (too) narrow which makes be suspect it something else. I am not a statistician and I think the wording of the tooltip is a bit ambiguous, can someone please clarify?