¥How to deal with ÒoutliersÓ?
–Annual max daily pcp
amount that is much larger than others, and occurs in 1885
–Recently observed value
that lies well beyond range of previously observed values
¥Both would heavily leverage extreme-value distributions (raising questions about the suitability of the statistical model)
¥Recent events also beg the question – was this due to human interference in the climate system?