Why are outliers problematic?
An example of an AI chatbot conversation about why outliers can skew data analysis.
Why are outliers considered problematic in data analysis?
Outliers can skew results, leading to misleading conclusions and affecting the overall accuracy of statistical models.
Can you give an example of how an outlier might affect a dataset?
Sure! If you're analyzing the average income of a group and one person earns significantly more, it can inflate the average, misrepresenting the data.
How can we identify outliers in a dataset?
Common methods include using the IQR (Interquartile Range), Z-scores, or visualizations like box plots to spot anomalies.
What should we do with outliers once we identify them?
You can either remove them, adjust them, or analyze them separately, depending on their impact and relevance to your study.
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