Question

Outliers are often discarded as noise. However, one person’s garbage could be another’s treasure.Forexample,exceptions in credit cardt ransactions can help us detect the fraudulent
use of creditcards.Taking fraudulence detection as an example,propose two methods that can be used to detect outliers and discuss which one is more reliable.

Answer 1

Answer:

Outliers are often discarded as noise. However, one person’s garbage could be another’s treasure. For example, exceptions in credit card transactions can help us detect the fraudulent use of credit cards. Using fraudulence detection as an example, propose two methods that can be used to detect outliers and discuss which one is more reliable.

Explanation:

hope it helps...........