21. Video: Working With Outliers
Working with Outliers
Common Techniques
When outliers are present we should consider the following points.
1. Noting they exist and the impact on summary statistics.
2. If typo - remove or fix
3. Understanding why they exist, and the impact on questions we are trying to answer about our data.
4. Reporting the 5 number summary values is often a better indication than measures like the mean and standard deviation when we have outliers.
5. Be careful in reporting. Know how to ask the right questions.