Detecting and handling outliers is essential to ensure accurate data analysis and reliable conclusions. 👏 Check out below animation 👍
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How Outliers Impact Correlation: Outliers can significantly skew the correlation between two variables, potentially leading to misleading insights. When extreme data points deviate from the general trend, they can artificially inflate or deflate the correlation coefficient, making it appear stronger or weaker than it actually is. Observe carefully how my coefficient value varies 😃 #DataScience #Outliers #Correlation #DataAnalysis #MachineLearning #Statistics #DataMantra