Embed presentation








Outlier analysis is used to identify outliers, which are data objects that are inconsistent with the general behavior or model of the data. There are two main types of outlier detection - statistical distribution-based detection, which identifies outliers based on how far they are from the average statistical distribution, and distance-based detection, which finds outliers based on how far they are from other data objects. Outlier analysis is useful for tasks like fraud detection, where outliers may indicate fraudulent activity that is different from normal patterns in the data.
Outlier Analysis focuses on identifying data objects that differ significantly from the rest, termed outliers.
Outlier Analysis is crucial in tasks like fraud detection, signaling significant deviations in data.
Statistical methods for outlier detection include block and consecutive procedures for identifying anomalies.
Distance-based outlier detection employs algorithms like index-based and density-based methods to identify unusual data points.
OLAP uses data cubes to spot anomalies in large multidimensional datasets for outlier analysis.
Self-help tutorials available online allow users to learn about data mining at their own pace, free of charge.






