The document discusses skewness, which is a measure of asymmetry in a statistical distribution. It defines positive and negative skewness and describes how to calculate different measures of skewness including the Karl Pearson and Bowley's coefficients of skewness. An example is provided to show how to calculate skewness from sample data and two homework problems are assigned involving calculating skewness from additional data sets.
The document discusses skewness, which is a measure of asymmetry in a statistical distribution. It defines positive and negative skewness and describes how to calculate different measures of skewness including the Karl Pearson and Bowley's coefficients of skewness. An example is provided to show how to calculate skewness from sample data and two homework problems are assigned involving calculating skewness from additional data sets.
The document discusses skewness, which is a measure of asymmetry in a statistical distribution. It defines positive and negative skewness and describes how to calculate different measures of skewness including the Karl Pearson and Bowley's coefficients of skewness. An example is provided to show how to calculate skewness from sample data and two homework problems are assigned involving calculating skewness from additional data sets.
The document discusses skewness, which is a measure of asymmetry in a statistical distribution. It defines positive and negative skewness and describes how to calculate different measures of skewness including the Karl Pearson and Bowley's coefficients of skewness. An example is provided to show how to calculate skewness from sample data and two homework problems are assigned involving calculating skewness from additional data sets.
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Skewness
(Lecture-7) By Dr. Ajay Singh ABES Business School, Ghaziabad Skewness • Skewness is asymmetry in a statistical distribution, in which the curve appears distorted or skewed either to the left or to the right. Skewness can be quantified to define the extent to which a distribution differs from a normal distribution. • 1. Positive Skewness • If the given distribution is shifted to the left and with its tail on the right side, it is a positively skewed distribution. It is also called the right-skewed distribution. A tail is referred to as the tapering of the curve in a different way from the data points on the other side • 2. Negative Skewness • If the given distribution is shifted to the right and with its tail on the left side, it is a negatively skewed distribution. It is also called a left-skewed distribution. The skewness value of any distribution showing a negative skew is always less than zero. The skewness of the given distribution is on the left; hence, the mean value is less than the median and moves towards the left, and the mode occurs at the highest frequency of the distribution. Measure of Skewness • Karl Pearson coefficient of skewness SKp = • Bowley’s Coefficient of Skewness SKp= Numerical Data of rejected items during a production process are as follows: No. of rejects: 20-25 25-30 30-35 35-40 40-45 45- 50 50-55 No. of operators: 5 15 28 42 15 12 3. Calculate coefficient of Skewness and comment. Solution Mid CI No. of Employees Values(m) d=m-A/h d2 fd fd2 20-25 5 22.5 -3 9 -15 45 25-30 15 27.5 -2 4 -30 60 30-35 28 32.5 -1 1 -28 28 35-40 42 37.5 0 0 0 0 40-45 15 42.5 1 1 15 15 45-50 12 47.5 2 4 24 48 50-55 3 52.5 3 9 9 27 -25 223
Skp=(Mean-Mode)/Standard Deviation Skp=(36.46-36.71)/(6.73) -0.03 Skp=--0.03 σ=6.73 Practise Numerical • From the following Data on age of employees, calculate the coefficient of skewness and comment on the result Age Below(Years): 25 30 35 40 45 50 55 No. of Employees: 8 20 40 65 80 92 100 Ans: Skp=0.07 Home Assignment • Q1- Compute appropriate measures of skewness for the following data(0.11268) • Sales: Below 50 50-60 60-70 70-80 80-90 90-100 100- 110 110-120 120& above. • No. of Companies: 12 30 65 78 80 55 45 25 10.
• Q2-Find Skewness and comment on the following
data(0.6392) • Class Interval: 0-10 10-20 20-30 30-40 40-50 50- 60 60-70 • Frequency : 8 12 10 8 3 2 7 THANK YOU !!
