Measures of Shape
We introduce the idea of ‘skewness’ in this video.
Skewness tells us about the symmetry of the distribution of data. Skewness of 0 means that the data is perfectly symmetric, so you can draw a vertical line and both sides of that line would look identical. Positive and negative skew indicate that the distribution is not symmetric, with tails either to the right or left.
In the next step, we demonstrate how to calculate the measures introduced so far using Excel.
Data Analytics for Decision Making: An Introduction to Using Excel
Data Analytics for Decision Making: An Introduction to Using Excel
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