By detecting light from extrasolar planets,we can measure their compositions and bulk physical properties. The technologies used to make these measurements are still in their infancy, and a lack of self-consistency suggests that previous observations have underestimated their systemic errors.We demonstrate a statistical method, newly applied to exoplanet characterization, which uses a Bayesian formalism to account for underestimated errorbars. We use this method to compare photometry of a substellar companion, GJ 758b, with custom atmospheric models. Our method produces a probability distribution of atmospheric model parameters including temperature, gravity, cloud model (fsed), and chemical abundance for GJ 758b. This distribution is less sensitive to highly variant data, and appropriately reflects a greater uncertainty on parameter fits.
Comment: Accepted to MNRAS