Worked Examples · Example 3
Q.The daily wages (in Rs.'00) of 9 workers in a small firm are: 20, 22, 25, 25, 25, 28, 30, 35, 40. Calculate Karl Pearson's coefficient of skewness and comment on its sign.
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Start your 14-day free trial to unlock the full solution →Data (in Rs.'00): 20, 22, 25, 25, 25, 28, 30, 35, 40 ().
Step 1 — Mean.
Step 2 — Mode. The value 25 occurs three times, more often than any other value, so:
Step 3 — Standard deviation. Deviations from the mean (27.78) and their squares:
| x | ||
|---|---|---|
| 20 | −7.78 | 60.49 |
| 22 | −5.78 | 33.38 |
| 25 | −2.78 | 7.72 |
| 25 | −2.78 | 7.72 |
| 25 | −2.78 | 7.72 |
| 28 | 0.22 | 0.05 |
| 30 | 2.22 | 4.94 |
| 35 | 7.22 | 52.16 |
| 40 | 12.22 | 149.38 |
Independent check of the standard deviation using the direct formula : , so , giving — matches Step 3 exactly. …
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