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You're reading from  Time Series Analysis with Python Cookbook

Product typeBook
Published inJun 2022
PublisherPackt
ISBN-139781801075541
Edition1st Edition
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Tarek A. Atwan
Tarek A. Atwan
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Tarek A. Atwan

Tarek A. Atwan is a data analytics expert with over 16 years of international consulting experience, providing subject matter expertise in data science, machine learning operations, data engineering, and business intelligence. He has taught multiple hands-on coding boot camps, courses, and workshops on various topics, including data science, data visualization, Python programming, time series forecasting, and blockchain at various universities in the United States. He is regarded as a data science mentor and advisor, working with executive leaders in numerous industries to solve complex problems using a data-driven approach.
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Detecting outliers using visualizations

There are two general approaches for using statistical techniques to detect outliers: parametric and non-parametric methods. Parametric methods assume you know the underlying distribution of the data. For example, if your data follows a normal distribution. On the other hand, in non-parametric methods, you make no such assumptions.

Using histograms and box plots are basic non-parametric techniques that can provide insight into the distribution of the data and the presence of outliers. More specifically, box plots, also known as box and whisker plots, provide a five-number summary: the minimum, first quartile (25th percentile), median (50th percentile), third quartile (75th percentile), and the maximum. There are different implementations for how far the whiskers extend, for example, the whiskers can extend to the minimum and maximum values. In most statistical software, including Python's matplotlib and seaborn libraries, the whiskers...

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Time Series Analysis with Python Cookbook
Published in: Jun 2022Publisher: PacktISBN-13: 9781801075541

Author (1)

author image
Tarek A. Atwan

Tarek A. Atwan is a data analytics expert with over 16 years of international consulting experience, providing subject matter expertise in data science, machine learning operations, data engineering, and business intelligence. He has taught multiple hands-on coding boot camps, courses, and workshops on various topics, including data science, data visualization, Python programming, time series forecasting, and blockchain at various universities in the United States. He is regarded as a data science mentor and advisor, working with executive leaders in numerous industries to solve complex problems using a data-driven approach.
Read more about Tarek A. Atwan