An Extreme Value That Lies Far Beyond Range of Most

question 15

True/False

An extreme value that lies far beyond range of most of the data in a distribution (either as a very high score or as a very low score)is called an outlier.

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Definitions:

Valid Contract

An agreement that is legally binding on both parties.

Domestic Relationships

Relationships defined by family ties or living arrangements, including marriage, partnership, and familial connections.

Legal Presumption

A rule that requires a court or tribunal to assume a fact is true until it is disproven by evidence to the contrary.

Commercial Arrangements

Agreements or transactions between businesses or entities that are commercial in nature, often involving the exchange of goods or services.