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The skewness is a measure of asymmetry and it is positive at 0.15 meaning that it is greater than zero which reveals that the tail extends to the right slightly indicating the distribution to be slightly stretched on the side above the mean which is 0.3565. The kurtosis is a measure of the flatness of the distribution and in this case it is -0.10 suggesting that the distribution is relatively flat compared to normal distribution. These values are relatively close to zero therefore you would expect to see a distribution close to being normally distributed.
Seven years ago, after 15 years in public accounting, Stanley Booker, CPA, resigned his posiition as Manager of Cost Systems for Davis, Cohen, and O''''Brien Public Accountants and
Playbill magazine reported that the mean annual household income of its readers is $119,155 (Playbill, January 2006). Assume this estimate of the mean annual household income is ba
Where an element of randomness is introduce by suing random numbers to pick up the unit with which to start this process of sampling is known as systematic sampling.
how effect changes in prices to a financial statement?
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It is 11:30pm on Thursday evening, New York City time. You are still recovering from your long haul flight from Sydney which arrived at JFK only hours ago. Thank your favourite dei
Suppose I ask you to pick any four cards at random from a deck of 52, without replacement, and bet you one dollar that at least one of the four is a face card (i.e., Jack, Queen, o
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A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
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