Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Skewness
Meaning and Definition
Literal meaning of skewness is lack of symmetry; it is a numerical measure which reveals asymmetry of a statistical series.
According to Paden and Lindquist, a distribution is said to be skewed if it is lacking in symmetry that is if the measure tend to pile up at one end or the other of the range to measure.
In the words of Simpson & Kafka skewness or asymmetry is the attribute of frequency distribution that extends further on one side of the class with the highest frequency that on the other.
Morris Hum burg says skewness refers to the asymmetry or lack of symmetry in the shape of a frequency distribution. This characteristic is of particular importance in connection with judging the typicality of certain measured of central tendency.
Similarly croxton and Cowden define it, when a series is not symmetrical. It is said to be asymmetrical or skewed.
Thus any measure of skewness indicates the difference between the manners in which items are scattered in a particular distribution compared with a normal distribution. There a may be two distributions having the same mean and the same standard deviation still their shapes may be quite different. One may be symmetrical and other may be asymmetrical.
Thus it is clear that the word skewness refers. To lack of symmetry, if a distribution is normal there would be no skewness in it, the curve drawn from the distribution would be symmetrical would be symmetrical .In case of skewness distribution the curve drawn would be tilted either to the left or towards the right.
"index number is an economic barometer" comment on this statement
it is said that management is equivalent to decision making? do you agree? explain
Chi Square Test as a Distributional Goodness of Fit In day-to-day decision making managers often come across situations wherein they are in a state of dilemma about the applica
CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES
what the purpose we use it
Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic,
Mid year population 440000 Late fatal death 29 No. of live birth 5200 No. of infant death 423 No. of maternal death 89 No. of infant deaths i
Applications of Standard Error Standard Error is used to test whether the difference between the sample statistic and the population parameter is significant or is d
Why are graphs and tables useful when examining data? A researcher is comparing two middle school 7th grade classes. One class at one school has participated in an arts program
The following dataset is from a study of the effects of second hand smoking in Baltimore, MD, and Washington, DC. For the 25 children involved in this study the outcome variable is
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd