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The variance is definitely the sq. on the conventional deviation. The two the variance and typical deviation are steps of variability.
Positioned paired data methods right away soon after two-sample processes to help learners differentiate these approaches.
Launched expression “substantial-leverage point” as one particular whose x worth is much from . Also, restricted the usage of “outlier” to points with significant residuals. Both of those high-leverage details and outliers is usually influential points.