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:
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—Rutherford Birchard Hayes (1822–1893)
“And the heavy night hung dark
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—Felicia Dorothea Hemans (1783–1835)