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1.You have produced a multiple linear regression model that has reasonable performance, but upon closer inspection, you have noticed that there are a small number

1.You have produced a multiple linear regression model that has reasonable performance, but upon closer inspection, you have noticed that there are a small number of outliers present. Consider the following

  1. What are your next steps to investigate the outlier(s)?
  2. What is your approach in dealing with them?
  3. Discuss at least two reasons why removing them from your analysis or model is not a good idea.

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