What is the equations to calculate prediction intervals for the next one sample and multiple samples?Hi!
I have been taking the JMP free courses. In the Decision Making with Data course, the instructor showed the prediction interval table for one sample and five samples (see the attached screenshot) but didn't give an equation to show how to calculate that. I searched online and found this equation: PI = x̂ ± t* (s√(1+1/n)). In this case, what is the n value I should use to calculate for one sample and five samples? And how to calculate the mean and individual PI for the five samples case? It will be highly appreciated if someone can help answer my question.
AnalyticsData Table