UPDATE: I'm using non-parametric tests such as Wilcoxon signed-rank test for paired samples and Mann Whitney for independent samples. I've also looked into using MAD to exclude values but that is less preferable.
What are methods/decision rules to eliminate extreme beta values when standard deviation around the mean is not helpful?
Would it be a good idea to create a better fitting distribution (e.g. by bootstrapping?) of the output values and have a decision rule based on that? Any better ideas?
Thank you very much!
Nic