Loading...

Assessing the Impact of an Outlier in a Simple Regression Analysis

5,397 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Oct 26, 2010

I run a regression of ice cream sales vs. high temp of the day data and note one observation yields an outlier - as determined by Excel's standardized residual output. I compare several regression statistics to each other when the outlier is in the data and when the outlier is removed to assess how influential the outlier is to these regression statistics.

  • Category

  • License

    • Standard YouTube License

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...