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Exam IIBA-CBDA topic 1 question 73 discussion

Actual exam question from IIBA's IIBA-CBDA
Question #: 73
Topic #: 1
[All IIBA-CBDA Questions]

An analytics team employed at a leading credit card company is utilizing data analytics to identify unusual credit card purchases. They have created the following visual.
How many extreme outliers exists in this dataset?

  • A. 2
  • B. 5
  • C. 3
  • D. 0
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Suggested Answer: D 🗳️

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Rabbitsfoot
5 months, 2 weeks ago
Selected Answer: C
I am going with C. 3 outliers i.e.: 1. $1200 on PC2: This point is significantly higher than the main cluster. 2. Just below $300,000 on PC1: This point is far to the right, away from the main cluster. 3. Just below $400,000 on PC1: This point is also far to the right, away from the main cluster. These points stand out as they are quite distant from the dense cluster of data points, making them noticeable as outliers.
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