the purpose of a short-term measurement is to substitute for a long-term measurement. for this purpose, which do you think is more relevant, the confidence interval or the prediction interval? explain.

Short-term actions and choices undoubtedly serve as significant beginning points for both concrete accomplishments and symbolic commitments. Several short-term actions appear to have the best potential of moving in the direction of wise growth over the long run, taking into account the obstacles, strengths, and weaknesses that have been identified.

Long term measures;-

Long-Term Performance Measures refers to the performance indicators created and used by the Committee to assess the Company's performance in order to determine the number of shares of Common Stock that will be paid to the Participant at the conclusion of a Restriction Period.

Here,

Prediction intervals must take into consideration both the random variation of the individual values and the uncertainty in predicting the population mean. Consequently, a prediction interval is always larger than a confidence interval. Additionally, as the sample size grows, the prediction interval won't condense to a single value.

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