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  1. Sep 28, 2023 · Outliers may have a negative effect on the result of an analysis; Outliers—or their behavior—may be the information that a data analyst requires from the analysis; Types of outliers. There are two kinds of outliers: A univariate outlier is an extreme value that relates to just one variable.

  2. deepai.org › machine-learning-glossary-and-terms › outlierOutlier Definition | DeepAI

    An outlier is an observation in a data set that is distant from other observations. These data points can significantly differ from the overall trend observed within the data, and they are often indicative of variability in measurement, experimental errors, or a novelty in the data. Outliers can be problematic as they can affect the results of ...

  3. May 9, 2024 · Outliers, in the context of information evaluation, are information points that deviate significantly from the observations in a dataset. These anomalies can show up as surprisingly high or low values, disrupting the distribution of data. For instance, in a dataset of monthly sales figures, if the income for one month are extensively higher ...

  4. Graphing Your Data to Identify Outliers. Boxplots, histograms, and scatterplots can highlight outliers. Boxplots display asterisks or other symbols on the graph to indicate explicitly when datasets contain outliers. These graphs use the interquartile method with fences to find outliers, which I explain later.

  5. Oct 4, 2022 · Sort your data from low to high. Identify the first quartile (Q1), the median, and the third quartile (Q3). Calculate your IQR = Q3 – Q1. Calculate your upper fence = Q3 + (1.5 * IQR) Calculate your lower fence = Q1 – (1.5 * IQR) Use your fences to highlight any outliers, all values that fall outside your fences.

  6. An outlier should be discarded if it was known to be the result of an erroneous measurement. But in most cases, outliers may provide important insights about individuals within the study ...

  7. May 29, 2024 · Determine the lower and upper bounds for outliers: Lower Bound = Q1 – 1.5 × IQR; Upper Bound = Q3 + 1.5 × IQR; Identify Outliers: Any data point below the lower bound or above the upper bound is considered an outlier. Example: Let’s find the outliers in the following dataset using the IQR method: 10, 12, 14, 16, 18, 500. Calculate Quartiles:

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