Outliers and The Ostensibly Heavy Tails

07/23/2018

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by   Lev B. Klebanov, et al.

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The aim of the paper is to show that the presence of one possible type of outliers is not connected to that of heavy tails of the distribution. In contrary, typical situation for outliers appearance is the case of compact supported distributions. Key words: outliers; heavy tailed distributions; compact support