THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sample of 10 observations produces the following summary values:
= 10815.472,
= 72.48 and S 2 = 28.044
-What is the approximate value of skewness?
A)0.049
B)0.221
C)1.375
D)1.173

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sample of 10 observations produces the following summary values:  
= 10815.472,  
= 72.48 and S 2 = 28.044
-What is the approximate value of skewness?
A)0.049 
B)0.221 
C)1.375 
D)1.173

Quizplus · Accepted Answer

The value of skewness is approximately 0.049, which indicates a distribution that is nearly symmetrical.