A measure to determine the skewness of a distribution is called the Pearson coefficient of skewness (PC).

Question:

A measure to determine the skewness of a is called the Pearson coefficient of skewness (PC). The formula is

The values of the coefficient usually range from €“ 3 to + 3. When the distribution is symmetric, the coefficient is zero; when the distribution is positively skewed, it is positive; and when the distribution is negatively skewed, it is negative. Using the formula, find the coefficient of skewness for each distribution, and describe the shape of the distribution.
a. Mean = 10, median = 8, standard deviation = 3.
b. Mean = 42, median = 45, standard deviation = 4.
c. Mean = 18.6, median = 18.6, standard deviation = 1.5.
d. Mean = 98, median = 97.6, standard deviation = 4.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...