A cartoon that can be used in discussing the effect of outliers – especially on significance testing. The cartoon was used in the April, 2018 CAUSE cartoon caption contest and the winning caption was submitted by Debmalya Nandy, a graduate student at Penn State University. An alternative caption that was a co-winner in that month’s contest was "Actuaries write umbrella policies to cover freak accidents" written by Larry Lesser from The University of Texas at El Paso. The cartoon was drawn by British cartoonist John Landers (www.landers.co.uk) based on an idea by Dennis Pearl from Penn State University.
- Prof Dev