Question: Consider the following descriptive statistics from Excel for a set of data. Median 428 Standard Deviation 27.2406 Sample Variance 11130.8095 Range 314 Minimum 201 Maximum

Consider the following descriptive statistics from Excel for a set of data.

  • Median 428
  • Standard Deviation 27.2406
  • Sample Variance 11130.8095
  • Range 314
  • Minimum 201
  • Maximum 515
  • Sum 5810
  • Count 15

Which of the following is TRUE?

a.the distribution is left skewed

b.the best measure of central tendency is the mean

c.the distribution is right skewed

d.insufficient information to determine skewness

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!