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  2. Peirce's criterion - Wikipedia

    en.wikipedia.org/wiki/Peirce's_criterion

    In data sets containing real-numbered measurements, the suspected outliers are the measured values that appear to lie outside the cluster of most of the other data values. . The outliers would greatly change the estimate of location if the arithmetic average were to be used as a summary statistic of locati

  3. Truncated mean - Wikipedia

    en.wikipedia.org/wiki/Truncated_mean

    A truncated mean or trimmed mean is a statistical measure of central tendency, much like the mean and median. It involves the calculation of the mean after discarding given parts of a probability distribution or sample at the high and low end, and typically discarding an equal amount of both. This number of points to be discarded is usually ...

  4. Trimmed estimator - Wikipedia

    en.wikipedia.org/wiki/Trimmed_estimator

    Given an estimator, the x% trimmed version is obtained by discarding the x% lowest or highest observations or on both end: it is a statistic on the middle of the data. For instance, the 5% trimmed mean is obtained by taking the mean of the 5% to 95% range. In some cases a trimmed estimator discards a fixed number of points (such as maximum and ...

  5. Winsorizing - Wikipedia

    en.wikipedia.org/wiki/Winsorizing

    For instance, the 10% trimmed mean is the average of the 5th to 95th percentile of the data, while the 90% winsorized mean sets the bottom 5% to the 5th percentile, the top 5% to the 95th percentile, and then averages the data. Winsorizing thus does not change the total number of values in the data set, N.

  6. Outlier - Wikipedia

    en.wikipedia.org/wiki/Outlier

    The modified Thompson Tau test is used to find one outlier at a time (largest value of δ is removed if it is an outlier). Meaning, if a data point is found to be an outlier, it is removed from the data set and the test is applied again with a new average and rejection region. This process is continued until no outliers remain in a data set.

  7. Chauvenet's criterion - Wikipedia

    en.wikipedia.org/wiki/Chauvenet's_criterion

    The idea behind Chauvenet's criterion finds a probability band that reasonably contains all n samples of a data set, centred on the mean of a normal distribution.By doing this, any data point from the n samples that lies outside this probability band can be considered an outlier, removed from the data set, and a new mean and standard deviation based on the remaining values and new sample size ...

  8. 8 Big Outliers That Should Revert to the Mean - AOL

    www.aol.com/news/2013-09-11-8-big-outliers-that...

    Here are eight trends detached from their long-term average that should revert to the mean. 1. The percentage of workers who want full-time work but can only find part-time hours.

  9. Sample maximum and minimum - Wikipedia

    en.wikipedia.org/wiki/Sample_maximum_and_minimum

    The sample maximum and minimum are the least robust statistics: they are maximally sensitive to outliers.. This can either be an advantage or a drawback: if extreme values are real (not measurement errors), and of real consequence, as in applications of extreme value theory such as building dikes or financial loss, then outliers (as reflected in sample extrema) are important.