Which of the following is true of the coefficient of skewness CS)?
A) If the CS is positive, the distribution of values tails off to the left.
B) If the CS value is between 0.5 and 1, the skewness is considered to be moderate.
C) If the CS is closer to zero, the degree of skewness is considered to be high.
D) If the CS value is between -0.5 and -1, the skewness is considered negligible.

Question

Quizplus · Accepted Answer

B) If the CS value is between 0.5 and 1, the skewness is considered to be moderate. This statement is true as it reflects the general interpretation of skewness values, where values between 0.5 and 1 (or -0.5 and -1) indicate moderate skewness.

Which of the Following Is True of the Coefficient of Skewness