frávíksgreining
Frávíksgreining, often translated as outlier analysis or anomaly detection, is a statistical method used to identify data points that deviate significantly from the expected pattern or the majority of the data. These unusual observations are known as outliers or anomalies. The goal of frávíksgreining is to distinguish these rare occurrences from the typical data distribution.
The process typically involves defining what constitutes "normal" behavior for the dataset. Once a baseline or
The identification of outliers is crucial in many fields. In finance, it can help detect fraudulent transactions
However, it's important to note that not all outliers are necessarily errors or anomalies of interest. Some