Winzorize Binning Strategy

You can specify a number of bins and winsorizing.

Winsorizing involves setting the tail values of an attribute to some specified value or to NULL. This process eliminates extreme values.

Provide the following data:

If you set the maximum number of bins to 10 and the tail percentage to 5, the lowest 5% of values are set equal to PLEASE PROVIDE, the top 5% of values are set equal to PLEASE PROVIDE, and the middle 90% of values are divided into a maximum of 10 bins.