Learn Before
Concept

Outliers, Leverage Points and Influential Points

WHAT IS OUTLIER DETECTION: identification of points that are extreme in value

Outlier: large residual / departure in the vertical dimension

Leverage point: the extreme value of predictor variable / big difference in the horizontal dimension

Influence point: Removing observation substantially by changing estimate of coefficient

0

1

Updated 2021-07-27

Tags

Data Science