Skewness, Applied Statistics

Assignment Help:

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.


Related Discussions:- Skewness

Standard deviation , Standard Deviation  The concept of standard deviat...

Standard Deviation  The concept of standard deviation was first introduced by Karl Pearson in 1893. The standard deviation is the most important and the popular measure of disp

Hydraulic actuator design matrix, The range of actuator design parameters h...

The range of actuator design parameters have been provisionally assessed and are presented in Table (3). You are required to determine the following parameters: The circumfer

A new weight-watching company, A new weight-watching company, Weight Reduce...

A new weight-watching company, Weight Reducers International, advertises that those who join will lose, on the average, 10 pounds the first two weeks with a standard deviation of 2

Standard gaussian random variable , You will recall the function pnorm() fr...

You will recall the function pnorm() from lectures. Using this, or otherwise, Dteremine the probability of a standard Gaussian random variable exceeding 1.3.  Using table(), or

Draw a network diagram for this problem, The project of building a backyard...

The project of building a backyard swimming pool consists of eight major activities and has to be completed within 19 weeks. The activities and related data are given in the follow

Estimate the standard deviation of the process, Estimate the standard devia...

Estimate the standard deviation of the process: Draw the X (bar) and R charts for the data given and give your comments about the process under study. Estimate the standard de

Evaluate the standard deviation, Use only the rare event rule, and make sub...

Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coin favors heads and sample results consis

Correlation coefficient, Consider three stocks A, B and C costing $100 each...

Consider three stocks A, B and C costing $100 each. The annual returns on the three stocks have mean $5 and variance $10. a. Suppose that the returns on the three stocks are i.i

Regression analysis, Of the 6,325 kindergarten students who participated in...

Of the 6,325 kindergarten students who participated in the study, almost half or 3,052 were eligible for a free lunch program. The categorical variable sesk (1 == free lunch, 2 = n

Atmospheric circulation and precipitation, (a) Elevation (m)...

(a) Elevation (m) 0 400 800 1200 1600 2000 2400 2800 3200 4000 480

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