Confidence/prediction interval based on a beta distribution¶
Description¶
Creates prediction intervals from a beta distribution with given mean and standard deviation. Prediction intervals stay between 0 and 1.
Usage¶
cibeta(mean, sd, level)
Arguments¶
mean
-
a scalar; the mean of the beta distribution
sd
-
a scalar; the standard deviation of the beta distribution
level
-
a scalar; the confidence level