Question: However, sometimes there are outliers, or data points that are very different from the others in the sample. An example from psychology would be Mensa,

However, sometimes there are outliers, or data points that are very different from the others in the sample. An example from psychology would be Mensa, which requires 98^th percentile on a valid, normed test of intelligence for admission. Mensa members are therefore outliers, although some are more so than others.

Review the Slate article on the New England Patriots from the module resources. Choose an example of an outlier in the real world and discuss its effect.

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=+d. Evaluate and discuss the rankings of the two projects on the basis of your findings in parts a, b, and c.

=+b. Calculate the IRR for each project, and assess its acceptability.