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Day 8 - What are Outliers? / Three Common Outlier Detection Techniques Quiz

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Question 1 of 8

 

Which of the following best describes an outlier in a dataset?

A

The most common value in the dataset

B

The average value of the dataset

C

A data point that significantly differs from other observations

D

A data point that is exactly in the middle of the dataset

Question 2 of 8

 

Why is outlier detection important in data analysis?

A

To remove all unusual data points

B

To identify potential errors or significant events in the data

C

To make the dataset more uniform

D

To increase the average value of the dataset

Question 3 of 8

 

Which of the following is NOT a challenge in outlier detection?

A

Defining what is "normal" for a given dataset

B

Dealing with noisy data

C

Considering contextual factors

D

Ensuring all data points are identical

Question 4 of 8

 

In a business context, what could an unusually high sales day (an outlier) potentially indicate?

A

A defective product

B

A successful marketing campaign

C

A decrease in customer satisfaction

D

A problem in the supply chain

Question 5 of 8

Which of the following is NOT a statistical method for outlier detection?

A

Z-Score Method

B

Modified Z-Score Method

C

Tukey's Fence Method

D

Local Outlier Factor (LOF)

Question 6 of 8

What is the main difference between Isolation Forest and Random Forest for outlier detection?

A

Isolation Forest is supervised, while Random Forest is unsupervised

B

Isolation Forest measures separability, while Random Forest uses collective decision-making

C

Isolation Forest uses visualization, while Random Forest uses statistical methods

D

There is no difference; they are the same technique

Question 7 of 8

In the context of outlier detection, what does the Z-score represent?

A

The average value of the dataset

B

The number of standard deviations a data point is from the mean

C

The median of the dataset

D

The interquartile range of the dataset

Question 8 of 8

Which visualization technique uses quartiles and interquartile range to display potential outliers?

A

Scatterplot

B

Histogram

C

Box Plot

D

Line Graph

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