Confidence Intervals for lk,p Distances

Published Online:https://doi.org/10.1287/trsc.29.1.93

Distance predicting functions have a number of uses when objects in space can be represented as points. When a predicted distance between two points is determined by a distance predicting function, the unknown distance between the points may be overestimated or underestimated due to the statistical nature of distance predicting functions. Since an analyst may desire a measure of the accuracy of the predicted distance, we have developed a procedure for calculating confidence intervals for unknown distances. The procedure utilizes information that is provided by the sample Pearson coefficients.

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