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To: carranza2 who wrote (405456)5/22/2010 1:15:52 PM
From: maceng2  Respond to of 436259
 
Brush em under the carpet and pretend they don't exist?

outliers can be a pain but they also can open up a whole new world. Need to be considered carefully for relevance.



To: carranza2 who wrote (405456)5/22/2010 1:36:37 PM
From: Real Man  Read Replies (1) | Respond to of 436259
 
The question was answered. Monte Carlo is a computational
algorithm, which involves limited random data sampling for
speed, so it's a speedy way of statistical coding. How you
want to deal with the outliers is a different issue. I think
you will be better off asking a pro.


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