For a moderately skewed distribution the mean price is Rs.20, the median price is Rs.17 and the coefficient of variation is 20%. Find coefficient of skewness?
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Correct Answer:
A) 3.75
Description for Correct answer:
Coefficient of variation =S.DMean×100
S.d=C.V.×Mean100=20×20100=4
Pearson's coefficient of Skewness
=(Mean - Median)S.D.
=3(20−15)4=3×54=3.75
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