Question h.
Place the data in excel as shown
Select the descriptive statistics from the Data analysis tab
Input the values as shown.
The results will be shown as below
Question i
Skweness variable
Skweness helps us to understand the symmetry of the
distribution.
A normal distribution has a skweness of zero.
In our current cast, the skweness value is 0.87, which indicates
that data has a moderately positive skew
Note - The thumb rule suggest the following
If skew value is less than −1 or greater than +1, the
distribution is highly skewed.
If skew value is between −1 and -0.5 or between 0.5 and +1, the
distribution is moderately skewed.
If skew value is between - 0.5 and 0.5, the distribution is
approximately symmetric.
Question m
The calculation for the empirical distribution are given below.
The remaining questions cannot be solved, since they have reference to other question.
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