What are various options for dealing with outliers please and which is the best one?
Thank you
Saima
There are a lot of resources available online about this. I just quickly Googled "handling outliers" and found the following:
http://www.theanalysisfactor.com/outliers-to-drop-or-not-to-drop/
http://stats.stackexchange.com/questions/16709/how-to-deal-with-outliers
http://orm.sagepub.com/content/early/2013/01/11/1094428112470848
Thanks Stephen..... It was verrryyyy helpful :)
cheers
Hi Saima,
Below is a relatively simple method that uses the outlier label rule, where ref is given at the end of video.
https://www.youtube.com/watch?v=WSflSmcNRFI
Other options include log or square root transformations, exact forms depends on whether your data is positively or negatively skew.
Hi Kam,
So does that mean the standard deviation method is not correct?
Thanks
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