Check for normality
D’Agostino’s K-squared test
Outlier detection
Z-score method (if normally distributed)
Modified z-score (adjusting the threshold)
IQR method (if not normally distributed)
Modified IQR (adjusting Q3 to 95th/99th percentile)
Outlier correction
Replacing with Mean Including Outlier in Mean Calculation
Replacing with Mean Excluding the Outliers in Mean Calculation
Replacing with Simple Moving Average Including Outlier in MA Window Calculation
Replacing with Simple Moving Average Excluding Outlier in MA Window Calculation