38. Which best describes the shaded point in Figure 7.10? Figure 7.10: Assessing individual points in a scatterplot 00 10 10 15 (a) The point is resistant. (b) The point is an outlier in the y direction. (c) The point is influential. (d) The point represents a mistake. 0.5 1.5 0'0

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.