A confidence band is used in statistical analysis to represent the uncertainty in an estimate of a curve or function based on limited or noisy data. Confidence bands are often used as part of the graphical presentation of results in a statistical analysis. Confidence bands are closely related to confidence intervals, which represent the uncertainty in an estimate of a single numerical value. "As confidence intervals, by construction, only refer to a single point, they are narrower (at this point) than a confidence band which is supposed to hold simultaneously at many points."
Read more about Confidence Band: Pointwise and Simultaneous Confidence Bands, Confidence Bands in Regression Analysis, Other Applications of Confidence Bands, Prediction Bands
Famous quotes containing the words confidence and/or band:
“Men are often so foolish as to boast and value themselves upon their passions, even those that are most vicious. But envy is a passion so full of cowardice and shame that no one every ever had the confidence to own it.”
—François, Duc De La Rochefoucauld (1613–1680)
“And the heavy night hung dark
The hills and waters o’er,
When a band of exiles moored their bark
On the wild New England shore.”
—Felicia Dorothea Hemans (1783–1835)