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Coverage probability

In statistical estimation theory, the coverage probability, or coverage for short, is the probability that a confidence interval or confidence region will include the true value (parameter) of interest. It can be defined as the proportion of instances where the interval surrounds the true value as assessed by long-run frequency.

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Coverage probability

Nodes27
Edges26
Triples11
Avg. degree1.93
Density0.074074
Components1

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Coverage probability

Top relations

related to Concept · 7
Coverage probability → By, For, Hence, If, In, The, When
is a · 3
Coverage probability → actual probability that the interval contains the parameter.If all assumptions used in deriving a confidence interval are met, fraction of these computed confidence intervals that include the desired but unobservable parameter value, probability that a prediction interval will include an out-of-sample value of the random variable
related to Probability Matching · 1
Coverage probability → In

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Important terminology

probability coverage interval confidence nominal value true include intervals actual equal parameter proportion distribution construction estimation statistical defined instances surrounds

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Coverage probabilityis aprobability that a prediction interval will include an out-of-sample value of the random variable0.90text
Coverage probabilityis aactual probability that the interval contains the parameter.If all assumptions used in deriving a confidence interval are met0.90text
Coverage probabilityis afraction of these computed confidence intervals that include the desired but unobservable parameter value0.90text
Coverage probabilityrelated to ConceptThe0.60section
Coverage probabilityrelated to ConceptHence0.60section
Coverage probabilityrelated to ConceptBy0.60section
Coverage probabilityrelated to ConceptIf0.60section
Coverage probabilityrelated to ConceptWhen0.60section
Coverage probabilityrelated to ConceptFor0.60section
Coverage probabilityrelated to ConceptIn0.60section
Coverage probabilityrelated to Probability MatchingIn0.60section

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    Min side: 3
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