True or false? The confidence threshold sets a bar for the quality of predictions to return.TrueFalse

True or False: The more confident you want to be, the smaller your confidence interval will be.

Using the ‘forecast sheet’ function in Excel, the default confidence interval is 99%.Question 28Select one:a.Trueb.False

What is the margin of error if the confidence level being set is 92%

Error is the difference between the actual value and Predicted value and the goal is to reduce this difference.TrueFalse

Which of the following statements is true regarding prediction outcomes in the context of risk assessment?Group of answer choicesdecreasing the number of false positive errors results in a decrease in the number of false negative errorswhen trying to predict events that have low base rates, false negative errors tend to occur most frequentlythe base rate of conditional release violations is very lowdecreasing the number of false positive errors results in an increase in the number of false negative errorsnone of the options