Which of the Following Describes a Positively Skewed Histogram

Written By Jesus_Travis.308 Tuesday, May 3, 2022 Add Comment Edit

Stock has an annual return mean and standard deviation of 108 percent and. The median is resistant because the median of a variable is the value that lies in the middle of the data when arranged in ascending order and does not depend on the extreme values of the data.

How To Identify Skew And Symmetry In A Statistical Histogram Dummies

The difference between the two graphs is that the distribution of odometer is positively skewed while the distribution of year is negatively skewed.

. Which one of the following best describes the probability that this stock will lose no more than 1. In addition statistics is about providing the required answer with the desired level of confidence. AStatistics is the science of manipulating reorganizing and editing information to produce the desired results.

The mean is not resistant because when data are skewed there are extreme values in the tail which tend to pull the mean in the direction of the tail. Skewness is important especially in areas like finance because a lot of models assume that all variables are normally distributed which typically isnt the case. We would like to show you a description here but the site wont allow us.

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What Is A Positively Skewed Distribution Quora