Statistical Quote by Malcolm Gladwell
““a statistical observation that is markedly different in value from the others of the sample””
About This Quote
Source Book: “The Tipping Point”, 2000
A data point that stands out sharply from the rest of a sample, indicating an outlier.
In simple terms: An outlier value in a data set.
Identify and investigate outliers.
Themes
Mood
Type
When to use this quote
- market research
- quality control
- risk assessment
Key Concepts
Questions to Reflect On
- What does this outlier reveal about the underlying process?
- When should an outlier be excluded?
Outliers may be errors, not insights.