The grouped data for the observation are The population skewnessClass: 1-3 3-5 5-7 Frequency: 2 1 2
is zero
The question asks us to determine the population skewness for a given set of grouped data. Skewness is a statistical measure that describes the asymmetry of the probability distribution of a real-valued random variable about its mean. A distribution is symmetrical if it looks the same on both sides of the mean. Positive skewness indicates a tail extending towards higher values, while negative skewness indicates a tail extending towards lower values. Zero skewness suggests a symmetrical distribution.
We are provided with the following grouped data:
| Class | Frequency (\(f_i\)) |
|---|---|
| 1-3 | 2 |
| 3-5 | 1 |
| 5-7 | 2 |
To calculate the population skewness for grouped data, one common method is to use the third central moment. The formula for the population skewness coefficient (\(\gamma_1\)) based on moments is:
\(\gamma_1 = \frac{\mu_3}{\sigma^3}\)
where \(\mu_3\) is the third central moment and \(\sigma\) is the population standard deviation.
The third central moment (\(\mu_3\)) for grouped data is approximated by:
\(\mu_3 = \frac{\sum f_i (m_i - \bar{x})^3}{N}\)
where:
First, let's find the midpoints (\(m_i\)) for each class:
Next, we calculate the total frequency \(N\):
\(N = 2 + 1 + 2 = 5\)
Now, let's calculate the population mean (\(\bar{x}\)):
\(\bar{x} = \frac{\sum f_i m_i}{N}\)
\(\sum f_i m_i = 4 + 4 + 12 = 20\)
\(\bar{x} = \frac{20}{5} = 4\)
The population mean is 4.
Now, we calculate the terms \((m_i - \bar{x})^3\) and \(f_i (m_i - \bar{x})^3\):
Calculate the sum \(\sum f_i (m_i - \bar{x})^3\):
\(\sum f_i (m_i - \bar{x})^3 = -16 + 0 + 16 = 0\)
Now, calculate the third central moment (\(\mu_3\)):
\(\mu_3 = \frac{\sum f_i (m_i - \bar{x})^3}{N} = \frac{0}{5} = 0\)
Since the third central moment (\(\mu_3\)) is 0, the population skewness (\(\gamma_1\)) is also 0, provided the standard deviation (\(\sigma\)) is not zero.
Let's quickly calculate the population variance (\(\sigma^2\)) to confirm \(\sigma \neq 0\):
\(\sigma^2 = \frac{\sum f_i (m_i - \bar{x})^2}{N}\)
\(\sum f_i (m_i - \bar{x})^2 = 8 + 0 + 8 = 16\)
\(\sigma^2 = \frac{16}{5} = 3.2\)
\(\sigma = \sqrt{3.2}\)
Since \(\sigma^2 = 3.2 \neq 0\), \(\sigma \neq 0\). Therefore, the population skewness is indeed 0.
A skewness of zero indicates that the distribution is symmetrical around its mean.
Based on our calculation, the population skewness is 0.
Our calculated value matches Option 1.
The calculated population skewness for the given grouped data is zero. This means the distribution of the data is symmetrical.
| Skewness Value | Distribution Shape |
|---|---|
| Zero Skewness | Symmetrical (e.g., Normal Distribution) |
| Positive Skewness (> 0) | Asymmetrical, tail extends to the right (towards higher values) |
| Negative Skewness (< 0) | Asymmetrical, tail extends to the left (towards lower values) |
Besides the moment-based coefficient (\(\gamma_1\)), other measures of skewness exist:
All these measures aim to quantify the degree and direction of asymmetry in a distribution. The choice of measure depends on the data and the specific context.
A set of annual numerical data, comparable over the years, is given for the last 12 years.
Consider the following statements:
1. The data is best represented by a broken line graph, each corner (turning point) representing the data of one year.
2. Such a graph depicts the chronological change and also enables one to make a short-term forecast.
Which of the above statements is/are correct?Consider the following statements:
Statement 1: Range is not a good measure of dispersion.
Statement 2: Range is highly affected by the existence of extreme values.
Which one of the following is correct in respect of the above statements?
Data can be represented in which of the following forms?
1. Textual form
2. Tabula form
3. Graphical form
Select the correct answer using the code given below.Which statement of the following is incorrect?
When the collected data is grouped with reference to time, we have