[SPIKE] Using Winsorization to cap outliers

[ParthivNaresh]

I'd like to be able to perform winsorization on my input data i.e. to be able to bound outliers in my numerical features to a certain value or within a certain range, as well as specify the value that these outliers should take.

A few use cases:

• To be able to specify a value range outside of which points would be considered outliers
• Provide the option to replace these outlier values with a static value
• Provide the option to cap these outliers, for example within 3 standard deviations.

[dsherry]

Agreed! It would help to have a specific dataset for which this approach is beneficial.

This issue tracks adding a component for this; we should test it in automl separately.

[exalate-issue-sync[bot]]

Issue has been cancelled.

[exalate-issue-sync[bot]]

Issue has been cancelled.