Answer to Question #180540 in Statistics and Probability for Sarwar baloch

Question

 The coefficient of skewness of a series A is 0.15 and that of series B is 0.062. Which of the two series

is less skewed?

Answer 1

The coefficient of skewness is used to compare the sample distribution with a normal distribution. The larger the value, the larger the distribution differs from a normal distribution.

Given the the coefficient of skewness of a series A is 0.15 and that of series B is 0.062, since the coefficient of skewness for series B (0.062) is smaller as compared to that of series A (0.15), it implies that series B is less skewed.