Skewness, Basic Statistics

Assignment Help:

Skewness

It is the comparison of the mean, median and mode can reveal information about the characteristics of skewness.

Definition

The distribution of the data is skewed if the data is not symmetric and  it extends more to one  side than the other. (A distribution of data is symmetric if the left half of its  histogram is roughly the mirror image of its right half.)

Type of skewness

  • Skewed to the left (Negatively Skewed):

The mean and median both lies to the left of the mode.

 

  • Symmetric (which is Zero Skewness):

The median, mean  and mode remains the same.

 

  • Skewed towards the right (Positively Skewed):

The mean and median both lies to the right of the mode.

 


Related Discussions:- Skewness

Who is APPROVING MANAGER , APPROVING MANAGER An individual within an agenc...

APPROVING MANAGER An individual within an agency who is responsible for assigning buy card custodians and developing buy card limits within the organization.

What is the cumulative distribution function, The waiting time for an incom...

The waiting time for an incoming call at the front desk of mathematics Department follows an exponential distribution. During business hours, the average of the waiting times is 10

Cost of accounting, what are different method of classifying overhead? indi...

what are different method of classifying overhead? indicate the advantag

Question, In a survey of 284 smokers, 197 smokers reported that they wanted...

In a survey of 284 smokers, 197 smokers reported that they wanted to quit smoking. Compute a 90% confidence interval for the true proportion of smokers that want to quit smoking.

calculate the chi-square statistic, The table below shows a breakdown of w...

The table below shows a breakdown of women between the ages of 20 to 64 who have had a Pap smear--it shows the number in each age group cross tabulated with the time of their last

Calculate a forecast using exponential smoothing, The Midwestern Manufactur...

The Midwestern Manufacturing Company (MMC) is a large manufacturer of electrical generators.  The firm has experienced demand for their generators as shown below: Year  Demand

Shamim, the monthly income( in tk''s)persons workingin afarmis as flows ,14...

the monthly income( in tk''s)persons workingin afarmis as flows ,14870,14930,15020,14460,14750,14920,15720,15160,14680,14890 find average monthly income?

I want expert opinion, hi i just want to knw my husband done b.com n doing ...

hi i just want to knw my husband done b.com n doing job as a accountant in private firm can u suggest me it is better for my husband to do m.ba or either some professional course

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd