Confidence bands allow us to predict the region within which 95% of the data points used in a regression will be.

Question

Quizplus · Accepted Answer

Confidence bands provide an estimate of the interval within which we can expect the true regression line to lie for a given confidence level (e.g., 95%), not the individual data points. Prediction intervals, not confidence bands, are used to predict where future data points will fall.

Confidence Bands Allow Us to Predict the Region Within Which