If you inspect the data and find a standardized residual greater than 3, what would this suggest?
A) An outlying observation / data point.
B) The standardized score is perfectly acceptable.
C) Equality of variance is significant.
D) Further analysis is required to be certain.

Question

Quizplus · Accepted Answer

A standardized residual greater than 3 suggests that the associated observation/data point may be an outlier and needs further investigation. It is an indication that the observed value is significantly far from the expected value.

If You Inspect the Data and Find a Standardized Residual