Abstract:Detecting outliers has attracted the attention of researchers ever since it was found useful to uncover latent, unexpected, interested and previously unknown knowledge. There are many real world utilities of outlier detection such as change monitoring, rare event discovery, fraud detection, and event change detection, alarm systems, revealing trend occurrences and finding strange patterns. Time series analysis can help detect outliers and discover knowhow for efficient decision making. Outlier detection mechan… Show more
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