An Observation So Different in Magnitude from the Rest of the Observations

question 38

True/False

An observation so different in magnitude from the rest of the observations that the analyst chooses to treat it as a special case is called an outlier.

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Definitions:

European Explorers

Individuals from European countries who embarked on voyages during the Age of Exploration to discover new lands, trade routes, and resources.

Trade Network

A trade network is a system of interconnected markets and trade routes through which goods, services, and sometimes ideas are exchanged across regions or countries.

Indian Groups

Indian groups typically refer to the various indigenous peoples and cultures native to the Indian subcontinent, or alternatively, indigenous peoples of the Americas before European colonization.

European Invasions

Refers to various military and colonial campaigns by European powers, often during the Age of Discovery, to conquer and colonize territories outside of Europe.