Asked by Emily Perez on Jun 07, 2024
Verified
An outlier is an observation that is unusually small or unusually large.
Outlier
An observation in a dataset that is distant from other observations such that it appears to deviate markedly from other members of the sample.
- Identify and interpret outliers and their impact on regression analysis.
Verified Answer
AC
akhil chowdaryJun 11, 2024
Final Answer :
True
Explanation :
An outlier is defined as an observation that is either unusually small or unusually large compared to the rest of the observations in a dataset. It is an anomalous data point that lies outside of the typical range of values. Therefore, option A is correct.
Learning Objectives
- Identify and interpret outliers and their impact on regression analysis.