MLchartDataset catalogue

Outlier

Term · Economic statistics · MLC-T-ECS-001374

Observation that is well outside of the expected range of values in a dataset.

Note: The detection of outliers is a complicated task, and there is no single approach for dealing with them.

Table 1. Record
IdentifierMLC-T-ECS-001374
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-001374",
  "term": "Outlier",
  "field": "Economic statistics",
  "definition": "Observation that is well outside of the expected range of values in a dataset.\n\nNote: The detection of outliers is a complicated task, and there is no single approach for dealing with them.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/outlier/"
}

Record 1,374 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.