- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 4. Extensions of Multiple Regression
- Subject 1. Describe Influence Analysis and Methods of Detecting Influential Data Points
CFA Practice Question
If a data point has "extreme" predictor x values, it is considered to be a(n):
A. remote point
B. outliner
C. high leverage point
Correct Answer: C
An outlier is a data point whose response y does not follow the general trend of the rest of the data.
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