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vocab

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
extrapolation   although linear models provide an easy way to predict values of y for a given value of x, it is unsafe to predict for values of x far from the ones used to find the linear model equation, predictions should not be trusted  
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outlier   any data point that stands away from the others can be called an outlier; an have a large residual or high leverage  
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leverage   data points whose x values are far from the mean of x are said to exert leverage on a linear model; high leverage points pull the line close to them  
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influential point   omitting a point from the data results in a very different regression model then that point is called an influential point  
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lurking variable   a variable that is not explicitly part of a model but affects the way the variable in model appear to be related is called lurking variable;  
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