21. Video: Working With Outliers
Working with Outliers
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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.