Advertising

Skewness

• Occurs when a distribution is not symmetrical about its mean. A distribution is symmetrical when its median, mean, and mode are equal. A positively skewed distribution occurs when the mean exceeds the median. A negatively skewed distribution occurs when the mean is less than the median. These conditions are also known as skewed to the right and skewed to the left, respectively.

 
 Embedded terms in definition
 Distribution
Its
Mean
Right
Skewed distribution
 
 Referenced Terms
 Dispersion: Is a statistical indication of variability, volatility, or risk. Some common measures of dispersion are:

  • Coefficient of Variation
  • Range
  • Standard Deviation
  • Variance

There are other measures besides the above some of which refer to shape or Skewness.

<< Skewed distribution Skip day settlement >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

There is no such thing as can't, only won't. If you're qualified, all it takes is a burning desire to accomplish, to make a change. Go forward, go backward. Whatever it takes! But you can't blame other people or society in general. It all comes from your mind. When we do the impossible we realize we are special people. – Jan Ashford

Advertising



Copyright ©2009-2019 GVC. All rights reserved.