How can I effectively handle outliers in my data?

How can I effectively handle outliers in my data?

There are several methods to handle outliers, such as removing them, transforming data, or using robust statistical techniques.

What are some robust statistical techniques I can use?

You can use methods like the median, interquartile range, or robust regression techniques to minimize the impact of outliers.

Is it always a good idea to remove outliers?

Not necessarily. It depends on the context and the reason for the outliers. Sometimes they can provide valuable insights.

How do I identify outliers in my dataset?

You can identify outliers using methods like the Z-score, box plots, or the Tukey method, which focuses on the interquartile range.