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

Sample standard deviation, Sample Standard Deviation So far, we discu...

Sample Standard Deviation So far, we discussed the population standard deviation. Now, let us switch to sample standard deviation(s) that is analogous to the population stand

Kolmogorov-smirnov - normal probability plot, The Null Hypothesis - H0:  Th...

The Null Hypothesis - H0:  The random errors will be normally distributed The Alternative Hypothesis - H1:  The random errors are not normally distributed Reject H0: when P-v

Mean and median, The amounts of money won by the top ten finishers in a fam...

The amounts of money won by the top ten finishers in a famous car race are listed below. $1,172,246    $163,659    $440,584    $350,634     $290,596 $186,731    $145,809     $143,2

Descriptive statistics, find the average rate of increase in population whi...

find the average rate of increase in population which in the first decade has increased 20%.in the second 25% and in the third 44%

Continuous frequency distribution, Formation of Continuous Frequency Distri...

Formation of Continuous Frequency Distribution:    Continuous frequency distribution is most popular in practice. With reference to the formation of this type of frequency distr

Pneumatic actuator design matrix, Pneumatic Actuator Design Matrix: The ra...

Pneumatic Actuator Design Matrix: The range of actuator design parameters have been provisionally assessed and are presented in Table. You are required to determine the following

Types of averages, The following are the various types of common averages u...

The following are the various types of common averages used in statistical analysis given in the form of a chart. Figure 1

Find the distribution, The Elementary Teachers' Federation of Ontario make ...

The Elementary Teachers' Federation of Ontario make the following claim on their website as of February 13, 2013: For years, the Elementary Teachers' Federation of Ontario (ETFO

Correlation, prove that coefficient of correlation lies between -1 and+1

prove that coefficient of correlation lies between -1 and+1

Quantitative Models, Consider the following new business venture. An agent ...

Consider the following new business venture. An agent is considering investment in one of three real estate parcels: • Option 1: multiunit rentals • Option 2: commercial building

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