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Which technique is used to reduce the impact of outliers in regression analysis? Winsorization Data transformation Cross-validation Regularization

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Which technique is used to reduce the impact of outliers in regression analysis? Winsorization Data transformation Cross-validation Regularization
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Solution 1

All of the mentioned techniques can be used to reduce the impact of outliers in regression analysis.

  1. Winsorization: This technique involves changing the extreme values in the statistical data to reduce the effect of possibly spurious outliers. It is named after the engineer-turned-biostatistici Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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