📊 Outliers are Outliers BECAUSE they don't lie.
For data scientists, statisticians & proud non-conformists. Wear your authenticity! 💯
🔗 https://celestia-quixs-shop.fourthwall.com/products/outliers-t-shirt
#Outliers #Statistics #DataScience #MathLife #StatementTee

#statstab #527 t is for Trouble (and Textbooks): A Critique of Some Examples of the Paired-Samples t-test

Thoughts: Some issues seem to reappear in the field. We need better training.

#ttest #design #methods #error #analysis #repeatedmeasures
#outliers

https://www.jstor.org/stable/pdf/2987888.pdf?casa_token=cJM8NiLV_ygAAAAA:yWSbczJx4y1-PwhXptS3vh7mwzPzJ_VnUoF7w_v8yvKcY6kJku29daCauTL6V6tywgHdAPI8rAZqCLXgBsh873fRUXM8jjpbjRqN0AX-t8I3e-rXMQ

#statstab #519 Sensitivity Analysis and Robustness Checks

Thoughts: Multiverse analysis allows you to capture decision uncertainty.

#multiverse #jackknife #bias #robustness #sensitivity #r #outliers

https://mike-data-analysis.share.connect.posit.cloud/sensitivity-analysis-and-robustness-checks.html

Chapter 42 Sensitivity Analysis and Robustness Checks | A Guide on Data Analysis

“Do robustness checks until you believe the result.” — the author, having repeatedly experienced the brief joy of promising results only to watch them collapse under closer inspection, and now...

#statstab #516 Is there a boxplot variant for Poisson distributed data?

Thoughts: People like their canned visualisations, but you need to think what question you are answering.

#poisson #boxplot #sqrttransform #dataviz #r #outliers #distribution

https://stats.stackexchange.com/questions/13086/is-there-a-boxplot-variant-for-poisson-distributed-data

Is there a boxplot variant for Poisson distributed data?

I'd like to know if there is a boxplot variant adapted to Poisson distributed data (or possibly other distributions)? With a Gaussian distribution, whiskers placed at L = Q1 - 1.5 IQR and U = Q3 +...

Cross Validated

#statstab #385 Understanding and Implementing Robust Regression in R

Thoughts: Not a thorough guide, but shows how simple it is to use a robust regression (rlm vs lm).

#R #regression #robust #statistics #guide #tutorial #outliers #Mestimator

https://www.spsanderson.com/steveondata/posts/2023-11-28/index.html

Understanding and Implementing Robust Regression in R – Steve’s Data Tips and Tricks

Steve’s Data Tips and Tricks in R, C, SQL and Linux

Steve's Data Tips and Tricks

'Outlier Robust and Sparse Estimation of Linear Regression Coefficients', by Takeyuki Sasai, Hironori Fujisawa.

http://jmlr.org/papers/v26/23-1583.html

#outlier #outliers #robust

A quotation from Nassim Nicholas Taleb

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients — and yet events, it turns out, are almost always outlandish.

Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
The Black Swan, Part 2, ch. 10 “The Scandal of Prediction” (2007)

Sourcing, notes: wist.info/taleb-nassim-nichola…

#quote #quotes #quotation #qotd #blackswan #cumulativeerror #error #events #outlandishness #outliers #prediction #surprise

#Day7 of #30DayChartChallenge, theme: #Outliers

📦📉 Comparativa Boxplot: Rentabilidades log diarias de IBEX 35, S&P 500, Nasdaq (~3 años).

Nasdaq destaca por mayor volatilidad (IQR ~1.64% vs ~1.1%) y outlier máximo (+7.1% el 10-Nov-2022). Todos muestran "colas anchas".

Data: Yahoo Finance via #rstats {quantmod}. Viz: #ggplot2

📂 Código: https://t.ly/JxcM1

#dataviz #finance #StockMarket #Volatility #quant #IBEX35 #SP500 #Nasdaq

Outliers are common in data across various industries. This guide by Iván Palomares Carrascosa details strategies to handle them, from removal to transformation, using Python. Techniques include removing outliers based on z-scores, applying transformations like logarithmic scaling, and capping/winsorizing values. #DataScience #Outliers #Python #DataAnalysis https://www.kdnuggets.com/dealing-with-outliers-a-complete-guide

We the people species now classified
by the autonomous bots
as a rough approximation
of the standard median deviation
duly notated in the analytic bible
we are required to pray from

So our inevitable dissolution
will be an impersonal data execution
of a cold blooded algorithm
installed to maximize program efficiencies

Once we skewed variances have been classified
and human imperfections properly identified
a massive data dump will be launched
on all infected servers
to flush undesirable #outliers
replete with defective deficiencies
out of the now purified system

#vss365 #poetry #poem #amwriting