An Outlier Is an Observation That Falls Outside of the General

question 8

True/False

An outlier is an observation that falls outside of the general pattern of the rest of the observations on a scatterplot.

Apply the technique of averaging and proportion calculation in the context of time series data.

Analyze real-world data through the lens of seasonal patterns and indices.

Develop skills in time series data interpretation and application to business or economic scenarios.

Understand the importance of using historical data for predictive analytics in various fields.