When using regression analysis for forecasting, the confidence interva

When using regression analysis for forecasting, the confidence interval indicates

A) the degree of confidence that one has in the equation’s R2.
B) the range in which the value of the dependent variable is expected to lie with a given degree of probability.
C) the degree of confidence that one has in the regression coefficients.
D) the range in which the actual outcome of a forecast is going to lie.

ANSWER

B