Explore BrainMass

Explore BrainMass

    Carl Pearson's coefficient of skewness

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The following table gives the distribution of daily traveling allowance to salesmen in a company

    Traveling # of salesmen
    allowances
    100-120 14
    120-140 16
    140-160 20
    160-180 18
    180-200 15
    200-220 7
    220-240 6
    240-260 4

    Compute Karl Pearson's co-efficient of skewness and comment on its value.

    © BrainMass Inc. brainmass.com March 4, 2021, 6:01 pm ad1c9bdddf
    https://brainmass.com/business/business-management/carl-pearsons-coefficient-skewness-24580

    Solution Preview

    See the attached file for the full solution.

    Step-1: Calculate mid points for the class interval
    Step2: Calculate average
    Step3: Calculate Median
    Step4: Calculate ...

    Solution Summary

    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.

    $2.49

    ADVERTISEMENT