(i. If two sets of data are in different units, we can compare the dispersion by using coefficient of
Skewness.
(ii. A sample of the homes currently offered for sale revealed that the mean asking price is $75,900,
The median $70,100 and the modal price is $67,200. The standard deviation of the distribution is
$5,900. The Pearson's coefficient of skewness is 2.95
(iii) The coefficient of variation is a measure of relative dispersion.
A) (i) , (ii) and (iii) are all correct statements
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements, but not (i) .
E) (i) , (ii) and (iii) are all false statements.
Correct Answer:
Verified
Q43: In the calculation of the arithmetic mean
Q204: (i. If two sets of data are
Q205: The following printout is a summary of
Q206: (i. The research director of a large
Q207: i. The sum of the deviations from
Q208: The information below shows the summary statistics
Q209: (i. The research director of a large
Q210: (i. Based on the values of the
Q213: The information below shows the summary statistics
Q214: (i. Based on the values of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents