If the 25th, 50th and 75th percentile of a frequency distribution are equal to 2, 3 and 4, respectively, then the distribution is:
symmetric
Skewness tells us about the asymmetry of a frequency distribution. A distribution can be symmetric, positively skewed (skewed to the right), or negatively skewed (skewed to the left). While mean, median, and mode can indicate skewness, percentiles, specifically the quartiles (which are related to the 25th, 50th, and 75th percentiles), provide another way to assess it.
The relationship between the 25th percentile ($P_{25}$), the 50th percentile ($P_{50}$, which is the median), and the 75th percentile ($P_{75}$) can reveal the skewness of a distribution. We compare the distance between the median and the 75th percentile with the distance between the median and the 25th percentile.
We are given the following percentile values for the frequency distribution:
Now, let's calculate the distances:
Distance from 50th to 75th percentile: $$ P_{75} - P_{50} = 4 - 3 = 1 $$
Distance from 25th to 50th percentile: $$ P_{50} - P_{25} = 3 - 2 = 1 $$
We compare the two distances:
$$ P_{75} - P_{50} \quad \text{vs.} \quad P_{50} - P_{25} $$ $$ 1 \quad \text{vs.} \quad 1 $$Since the distance from the median to the 75th percentile is equal to the distance from the 25th percentile to the median ($P_{75} - P_{50} = P_{50} - P_{25}$), the distribution is symmetric.
Here's a summary of how percentile differences indicate skewness:
| Condition | Type of Skewness |
|---|---|
| $P_{75} - P_{50} = P_{50} - P_{25}$ | Symmetric Distribution |
| $P_{75} - P_{50} > P_{50} - P_{25}$ | Positively Skewed Distribution |
| $P_{75} - P_{50} < P_{50} - P_{25}$ | Negatively Skewed Distribution |
In this specific case, $1 = 1$, confirming the distribution is symmetric.
| Term | Definition/Concept |
|---|---|
| Percentile | A measure indicating the value below which a given percentage of observations in a group of observations falls. |
| 25th Percentile ($P_{25}$) | Also known as the first quartile ($Q_1$). 25% of the data falls below this value. |
| 50th Percentile ($P_{50}$) | Also known as the median ($Q_2$). 50% of the data falls below this value. |
| 75th Percentile ($P_{75}$) | Also known as the third quartile ($Q_3$). 75% of the data falls below this value. |
| Skewness | A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean. |
Skewness is an important characteristic of a frequency distribution. It describes the shape of the distribution and whether it's balanced or stretched on one side. Beyond using percentiles, skewness can also be assessed graphically by looking at a histogram or box plot, or numerically using coefficients like the Pearson mode or median skewness coefficients, or the moment coefficient of skewness.
Using percentiles provides a quick non-parametric way to get an idea of the distribution's shape, especially useful when dealing with non-normal data or when the presence of outliers might heavily influence the mean.
Which of the following is a merit of data tabulation?
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If a constant is added to each observation of a data set, then which of the following measures of dispersion will change?
Which of the following is NOT true for seasonal variation?
The analysis of variance technique was developed by:
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Suppose that a sample of 100 independent draws from a normal distribution having unknown mean μ and known variance σ2 = 1 is observed. If the sample mean is 5, then the 95% confidence interval for μ is:
Consider the following ANOVA table.
| Source of variation | Degrees of freedom | The sum of Squares (SS) | Mean SS | F Ratio |
| Treatments | a | b | c | 5 |
| Error | 12 | d | 20 | |
| Total | 15 | 540 |
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The component containing the overall upward or downward pattern of the data in an annual time series is:
Match the following:
| (a) Marginalist Revolution | (i) Samuelson |
| (b) Multiplier-Accelerator model | (ii) J. R. Hicks |
| (c) IS-LM curves | (iii) Jevous |
| (d) Real Business Cycle | (iv) Robert J. Borro |
Choose the correct option from those given below:
As per the SRS Bulletin of September 2017, the estimated death rate for Kerala is 7.6, while for Bihar it is 6. From these data which is the correct inference to draw?
Arrange the following States in descending order according to Maternal Mortality Ratio (MMR) as per the Special Bulletin of SRS, May, 2018:
(i) Assam
(ii) Bihar
(iii) Madhya Pradesh
(iv) Uttar Pradesh
Choose the correct answer from the code given below :
Which of the following statements is true for the Indian economy according to the World Bank figures for 2017?
Harrod's Growth model is given as under:
\(\begin{array}{ll} \mathrm{S}_{\mathrm{t}}=\alpha \mathrm{Y}_{\mathrm{t}} & 0<\alpha<1 \\ \mathrm{I}_{\mathrm{t}}=\beta\left[\mathrm{Y}_{\mathrm{t}}-\mathrm{Y}_{\mathrm{t}-1}\right] & \beta>0 \\ \mathrm{~S}_{\mathrm{t}}=\mathrm{I}_{\mathrm{t}} & \end{array}\)
where S t = Savings, Y t = Income, l t = Investment, t = time
In this model for economic growth, the condition for economic growth is