Outliers do not have a large effect on the formation of confidence intervals.

Name: Outliers do not have a large effect on the formation of confidence intervals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Outliers can have a significant effect on the formation of confidence intervals because they can greatly impact the mean and standard deviation of a sample, which are used in the calculation of the confidence interval. Therefore, it is important to identify and handle outliers appropriately when constructing confidence intervals.

Outliers Do Not Have a Large Effect on the Formation