ols_plot_resid_stud returns a list containing the
following components:
outliers
a data.frame with observation number and studentized residuals that
exceed threshold
for classifying an observation as an outlier
threshold
threshold for classifying an observation as an outlier
Arguments
model
An object of class lm.
threshold
Threshold for detecting outliers. Default is 3.
print_plot
logical; if TRUE, prints the plot else returns a plot object.
Details
Studentized deleted residuals (or externally studentized residuals) is the
deleted residual divided by its estimated standard deviation. Studentized
residuals are going to be more effective for detecting outlying Y
observations than standardized residuals. If an observation has an externally
studentized residual that is larger than 3 (in absolute value) we can call
it an outlier.