GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For a set of data with a distribution skewed to the left ____
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the mean is equal to the median
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the mean is lower than the median
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the mean is greater than the median
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the median is greater than the mean
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Explanation:
Detailed explanation-1: -Right skewed: The mean is greater than the median. The mean overestimates the most common values in a positively skewed distribution. Left skewed: The mean is less than the median. The mean underestimates the most common values in a negatively skewed distribution.
Detailed explanation-2: -Answer and Explanation: Given, the statement is If the mode is to the left of the median and the mean is to the right of the median, then the distribution is positively skewed.
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