The following table gives the distribution of daily traveling allowance to salesmen in a company
Travelling # of salesmen
Compute Karl Pearson's co-efficient of skewness and comment on its value
Step-1: Calculate mid points for the class interval
Step2: Calculate average
Step3: Calculate Median
Step4: Calculate Standard deviation
Step5: Carl Pearson's ...
This posting illustrates how to calculate the Carl Pearson's coefficient of skewness and interpreting its value. The step-by-step process is provided for the students to understand its calculations and its relationship with other statistical measures such as mean, standard deviation and mode.