What this answers
This calculator answers "how much would the fitted regression line change if this one point were removed?" combining a point's leverage (how unusual its predictor value is) and its residual (how far off the fit lands for it) into a single influence number.
How it is calculated
Cook's distance for each point scales its squared standardized residual by a factor involving its leverage relative to the rest of the data, so that a point needs both an unusual predictor value and a meaningfully large residual to score a high influence value; having only one of the two produces a much smaller Cook's distance than having both. A commonly cited (though not universal) rule of thumb flags values above 4 divided by n as worth a closer look.
Worked example
For four ordinary points following a clean linear pattern plus a fifth point at x equal to 20 that breaks the pattern, that fifth point combines both high leverage (an extreme x value) and a large residual (its y value does not fit the established trend), giving it by far the largest Cook's distance among all five points, well above the conventional threshold.
Assumption audit
What this result does not mean
A high Cook's distance means a point disproportionately shapes the fitted line, not that the point is necessarily wrong; some of the most scientifically important observations are exactly the influential, unusual ones. The 4-over-n threshold is a disclosed, commonly used heuristic, not a statistically derived cutoff.
Limitations
This calculator supports a single predictor for its current input shape; like Residual Diagnostics, the underlying math generalizes to multiple predictors but this page's data-entry format is built around one x and one y column.