Kk007,
In the book the black swan by nassem taleb, u can learn about two types of variable,
Mediocristan - outliers will not break the distribution n may be ignored
extremistan - outliers may render distribution meaningless, outliers value hs extreme impact
its a good book.
In the book the black swan by nassem taleb, u can learn about two types of variable,
Mediocristan - outliers will not break the distribution n may be ignored
extremistan - outliers may render distribution meaningless, outliers value hs extreme impact
its a good book.