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Regression Analysis with Python

You're reading from  Regression Analysis with Python

Product type Book
Published in Feb 2016
Publisher
ISBN-13 9781785286315
Pages 312 pages
Edition 1st Edition
Languages
Concepts
Authors (2):
Luca Massaron Luca Massaron
Profile icon Luca Massaron
Alberto Boschetti Alberto Boschetti
Profile icon Alberto Boschetti
View More author details

Table of Contents (16) Chapters

Regression Analysis with Python
Credits
About the Authors
About the Reviewers
www.PacktPub.com
Preface
1. Regression – The Workhorse of Data Science 2. Approaching Simple Linear Regression 3. Multiple Regression in Action 4. Logistic Regression 5. Data Preparation 6. Achieving Generalization 7. Online and Batch Learning 8. Advanced Regression Methods 9. Real-world Applications for Regression Models Index

Outliers


After properly transforming all the quantitative and qualitative variables and fixing any missing data, what's left is just to detect any possible outlier and to deal with it by removing it from the data or by imputing it as if it were a missing case.

An outlier, sometimes also referred to as an anomaly, is an observation that is very different from all the others you have observed so far. It can be viewed as an unusual case that stands out, and it could pop up due to a mistake (an erroneous value completely out of scale) or simply a value that occurred (rarely, but it occurred). Though understanding the origin of an outlier could help to fix the problem in the most appropriate way (an error could be legitimately removed; a rare case could be kept or capped or even imputed as a missing case), what is of utmost concern is the effect of one or more outliers on your regression analysis results. Any anomalous data in a regression analysis means a distortion of the regression's coefficients...

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