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Standard Deviation and Skewness

What is the standard deviation of the Family Income (Column C) data? Describe the shape of the distribution (normal, skewed, bi-modal, etc.). What is the skewness, if any? Interpret your findings and explain why the shape of the distribution is important to the Committee.

Answer: The standard deviation of the Family Income data is 3380.198. The shape of the distribution is unimodal, but far from normal? It also has a skewness of 3.186078. This means that ....???? The shape of the distribution shows that ....???? It's important info because?

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What is the standard deviation of the Family Income (Column C) data? Describe the shape of the distribution (normal, skewed, bi-modal, etc.). What is the skewness, if any? Interpret your findings and explain why the shape of the distribution is important to the Committee.

Answer: The standard deviation of the Family Income data is 3380.198. The shape of the distribution is unimodal, but far from normal? It also has a skewness of 3.186078. This means that ....???? The shape of the distribution shows that ....???? It's important info because?

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