Outrageously Funny Word Dictionary :: Overlier

👉 Overlier in statistics refers to a point or set of points that is considered as an outlier. These points are often used in regression analysis and data visualization to identify outliers, which can be useful for identifying potential deviations from normal distribution patterns in the dataset. Overliers are typically not significant enough to be included in the final model, but they can help improve the accuracy and reliability of a regression model by providing a more accurate representation of the underlying trend or pattern in the data.

overlier