Qm 4 20100905

13

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Transcript of Qm 4 20100905

Page 1: Qm 4 20100905

Descriptive Statistics

Measures of Symmetry

Measures of Peakedness

Ashutosh Pandey

5.9.2010

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Skewness

� The term skewness refers to the lack of symmetry. The lack of symmetry in a distribution is always determined with reference to a normal or Gaussian distribution. Note that a normal distribution is always symmetrical.

� The skewness may be either positive or negative. When the skewness of a distribution is positive (negative), the distribution is called a positively (negatively) skewed distribution. Absence of skewness makes a distribution symmetrical.

� It is important to emphasize that skewness of a distribution cannot be determined simply my inspection.

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Measures of Symmetry

� Skewness

� Symmetric distribution

� Positively skewed distribution

� Negatively skewed distribution

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Measures of Skewness

� If Mean > Mode, the skewness is positive.

� If Mean < Mode, the skewness is negative.

� If Mean = Mode, the skewness is zero.

Symmetric

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Measures of Symmetry

� Many distribution are not symmetrical.

� They may be tail off to right or to the left and as such said to be skewed.

� One measure of absolute skewness is difference between mean and mode. A measure of such would not be true meaningful because it depends of the units of measurement.

� The simplest measure of skewness is the Pearson’s coefficient of skewness:

deviation Standard

Mode-Meanskewness oft coefficien sPearson' =

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Measures of Skewness

deviation Standard

Mode-Meanskewness oft coefficien sPearson' =

19

19 2 skewness oft coefficien sKelley'

DD

MDD e

−+=

( )deviation Standard

Median-Mean3 skewness oft coefficien sPearson' =

( )

13

13 2 skewness oft coefficien sBowley'

QQ

MQQ e

−+=

32

23 skewness oft coefficien basedMoment

µ

µ=

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Central Moments

� First Moment

� Second Moment

� Third Moment

� Fourth Moment

N

xxf2

2

)( ∑ −

N

xxf4

4

)( ∑ −

N

xxf∑ −=

)( 1µ

N

xxf∑ −=

3

3

)( µ

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Exercise-1: Find coefficient of Skewness using

Pearson’s, Kelly’s and Bowley’s formula

N=35Sum

1051100-110

95490-100

85480-90

75870-80

651060-70

55550-60

45340-50

(x)Frequency(f)

Income of daily Labour

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Measures of Peakedness

� Kurtosis: � is the degree of peakedness of a distribution, usually taken in relation to a normal distribution.

� Leptokurtic

� Platykurtic

� Mesokurtic

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Kurtosis

� A curve having relatively higher peak than the normal curve, is known as Leptokurtic.

� On the other hand, if the curve is more flat-topped than the normal curve, it is called Platykurtic.

� A normal curve itself is called Mesokurtic, which is neither too peaked nor too flat-topped.

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Measures of Kurtosis

� If the distribution is leptokurtic.

� If , the distribution is platykurtic.

� If , the distribution is mesokurtic.

,032 >−β

032 <−β

032 =−β

2

2

4

µβ =

The most important measure of kurtosis based on the

second and fourth moments is

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Co-efficient of Skewness and Kurtosis using Moments

� Co-efficient of Skewness

� Kurtosis

2

2

4

µβ =

32

23

1 µ

µβ =

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Exercise-2: Find coefficient of skewness and Kurtosis using moments

f(x-µ)4f(x-µ)3f(x-µ)2f(x-µ)fxx

260-65

N=35Sum

755-60

1650-55

2545-50

2740-45

1835-40

830-35

225-30

Frequency

(f)

Class