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:
“If the child-caregiver relationship is nurturing, reliable and often even joyous, the child’s confidence in human relationships as a source of comfort and reciprocity will be strengthened and expanded in spite of the parent’s absence. The child will learn that not only are the parents to be trusted but that other people are trustworthy as well.”
—Alicia F. Lieberman (20th century)
“Firm, united, let us be,
Rallying round our Liberty;
As a band of brothers joined,
Peace and safety we shall find.”
—Joseph Hopkinson (1770–1842)