Confidence Interval...or not?

For econometric discussions not necessarily related to EViews.

Moderators: EViews Gareth, EViews Moderator

BCNAV
Posts: 21
Joined: Tue Oct 31, 2017 9:06 am

Confidence Interval...or not?

Postby BCNAV » Mon Dec 04, 2017 10:10 am

I am trying to deal with a request to provide confidence intervals on a forecast...this is easy.

But now I need to provide a forecast number that will represent a forecast that is 75% likely to be this or less.

For example:

Provide me a forecast bound that has a 75% chance or less probability of being that amount. For example, if the number was 8.3%, this 8.3% would mean that there is a 75% chance that growth will be 8.3% or LESS. Is there a simple formula for this? I think there is, but I have forgotten it.

thanks

Return to “Econometric Discussions”

Who is online

Users browsing this forum: No registered users and 2 guests