How outliers are calculated
Outliers are data points that differ significantly from the rest of the data and may represent errors, anomalies, or important insights.
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Our method for detecting outliers is based on the standard deviation, which measures how much the data deviates from the mean. If a data point is several standard deviations away from the mean, it is considered an outlier.
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The number of standard deviations required to flag a data point as an outlier is up to you and can be set via our outlier slider:
After you set the sensitivity level for outlier detection, a lower and upper bound is calculated.
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Lower boundary: μ - u*σ
Upper boundary: μ + u*σ
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μ = mean of the column
u = user input between 1 and 5 via the outlier slider
σ = Standard deviation of the column
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If a cell value is outside the boundaries, then it is flagged as an outlier.