Multiple Choice
Forbes has modelled CEO salary by age for an exclusive feature in the magazine. Which of the following statements is not true about outliers in the model?
A) Outliers are values where CEO salary against age is very different from others in the data set
B) Outliers bias the mean.
C) Outliers bias regression parameters (if included in the model) .
D) Outliers only represent influential CEOs in the data set.
Correct Answer:
Verified
Correct Answer:
Verified
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