Recoding values of a variable to whichever is smaller of their actual value and some arbitrary value. For example, recoding the incomes of people over $100,000 to $100,000. This is a one-sided form of Windsorizing.
Also known as
- Capping
- Shifting
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Recoding values of a variable to whichever is smaller of their actual value and some arbitrary value. For example, recoding the incomes of people over $100,000 to $100,000. This is a one-sided form of Windsorizing.
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