Question
For this discussion, you will assess the use of various support decision tools and explain why outliers are sometimes called influential observations. Discuss what could
For this discussion, you will assess the use of various support decision tools and explain why outliers are sometimes called influential observations. Discuss what could happen to the slope of a regression of Y versus a single X when an outlier is included versus when it is not included. Will this necessarily happen when a point is an outlier? You are required to give at least two examples in your response.
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An influential point is an outlier that greatly affects the slope of the regression line ...
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Business Analytics Data Analysis And Decision Making
Authors: S. Christian Albright, Wayne L. Winston
6th Edition
1305947541, 978-1337225274, 1337225274, 978-0357689066, 978-1305947542
