Yesterday I was at a medical conference in which a lot of plots of Point Clouds with linear fits were shown. In many cases the fit seemed (at least to me and colleagues) to be influenced mostly by some outliers, while most of the points seemed to be pretty much random point clouds. I think there is a name for that fallcy but I can't remember. Can you help me? That would help me talk about the problem with the participants.
Also what do you typically recommend to deal with outliers?