Outliers in Linear Regression
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Last updated 7:50 PM on 4/28/24
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4 Terms
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Observations far from the cloud of points
Outliers
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Points which fall horizontally far away from most data, which can strongly influence the slope
High Leverage Points
3
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High leverage points which have a real impact on the least squares line
Influential Points
4
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A point which would be far from the line if excluded from the dataset
‘Unusually Far’ Point
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