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Problem
#24580

Coefficient of skewness and its interpretation

The following table gives the distribution of daily traveling allowance to salesmen in a company


Travelling    # of salesmen
allowances
100-120         14
120-140 16
140-160 20
160-180 18
180-200 15
200-220 7
220-240 6
240-260 4


Compute Karl Pearson's co-efficient of skewness and comment on its value


Solution Summary

This posting illustrates how to calculate the Carl Pearson's coefficient of skewness and interpreting its value. The step-by-step process is provided for the students to understand its calculations and its relationship with other statistical measures such as mean, standard deviation and mode.

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