Honestly, this is exactly what I needed for a refresher for stats work at work. I especially appreciate that you took the time to explain the motivation of IQR. Thank you so much, Dr. Harbaugh
Thanks for this useful video. Can you please tell me how we should deal with these outliers (either mild or extreme ones)? How we should modify it? there is a method called winsorization in which we replace the outlier by the 95th percentile value. For my dataset, when I do that it has some contradictions with the IQR rule.
Honestly, this is exactly what I needed for a refresher for stats work at work. I especially appreciate that you took the time to explain the motivation of IQR. Thank you so much, Dr. Harbaugh
Thank you so much for this useful video! Answered all my questions
Thanks for this useful video. Can you please tell me how we should deal with these outliers (either mild or extreme ones)? How we should modify it? there is a method called winsorization in which we replace the outlier by the 95th percentile value. For my dataset, when I do that it has some contradictions with the IQR rule.