The statistic x/median can be used as a measure of skewness. Suppose we have a distribution where
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The statistic x/median can be used as a measure of skewness. Suppose we have a distribution where all observations are greater than 0, xi > 0. What is the expected shape of the distribution under the following conditions? Explain your reasoning.
(a) (x/median) = 1
(b) (x/median) < 1
(c) (x/median) > 1
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The statistic xmedian can indeed be used as a measure of skewness particularly when dealing with distributions where all observations are greater than ...View the full answer
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Related Book For 
OpenIntro Statistics
ISBN: 9781943450077
4th Edition
Authors: David Diez, Mine Çetinkaya-Rundel, Christopher Barr
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