Important ML Algorithms
Important ML Algorithms
Correlation can be highly misleading. . . Many solely rely on the correlation matrix to study the association between variables.
But unknown to them, the obtained statistic can be heavily driven by outliers.
This is evident from the image below.
The addition of just two outliers drastically changed: - the correlation - the regression fit
Thus, plotting the data is highly important.
This can save you from drawing wrong conclusions, which you may have drawn otherwise by solely looking at the summary statistics.