Examlex
Statistical evidence
Outliers
Observations in a dataset that significantly differ from the other data points, often indicating variability or errors.
1.5*IQR
A statistical calculation used to identify outliers. It involves multiplying the interquartile range (IQR) by 1.5 and applying this value above the upper quartile and below the lower quartile.
3*IQR
A statistical range calculated as three times the interquartile range (IQR), used to identify outliers by delineating the boundaries beyond which data points are considered exceptional.
Statistically Significant
A determination that the results observed in data are unlikely to have occurred by chance alone, according to a predefined significance level.
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