An outlier is a value that is way too small or way too large compared to other observations. There is no formal definition of what "way too" is.
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Yes, it will. An outlier is a data point that lies outside the normal range of data. This means that if it is factored in the mean will move in the direction the outlier is, really high if the outlier was high, and really low if the outlier was low.
Outlier: an observation that is very different from the rest of the data.How does this affect the data: outliers affect data because it means that your calculations might be off which makes it a possibility that more than the outlier is off.
An Outlier; an Outlier is when a point is not part of a trend (pattern)
An outlier looks like a piece of data that does not fit the pattern of most of the data. However just because some data point "looks like an outlier" does not necessarily mean that it is - standards for deciding whether something is an outlier or not varies a lot from course to course (and how accurate you want to be), so one person's outlier is another persons normal data.
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