Select the correct term for the following definition: "A data value that is far apart from the rest of the data."

The term that best fits the definition "A data value that is far apart from the rest of the data" is outlier.

An outlier is a data point that significantly differs from other observations in a dataset. It can occur due to variability in the measurement or may indicate a measurement error. Outliers can skew and mislead the interpretation of results, as they can affect various statistical analyses, such as the mean and standard deviation. Identifying outliers is essential in data analysis because they can affect overall results and lead to erroneous conclusions. Various methods exist to detect outliers, such as visual methods (like box plots), statistical tests, and robust statistical methods. Understanding and addressing outliers is crucial in ensuring the validity and reliability of data analysis outcomes.