Listed below is the amount of commissions earned last month for the eight members of the sales staff at Best Electronics. Calculate the coefficient of skewness using both methods. Hint: Use of a spreadsheet will expedite the calculations. (Round your intermediate calculations and final answers to 3 decimal places. 980.9 1036.5 1099.5 1153.9 1409.0 1456.4 1718.4 1721.2

a. Pearson coefficient of skewness
b. Coefficient of skewness (using software)

0.438

Step-by-step explanation:

Given the data:

980.9, 1036.5, 1099.5, 1153.9, 1409.0, 1456.4, 1718.4, 1721.2

Coefficient of skewness:

3 * (mean - median) / standard deviation

The mean of the dataset :

Σ(X) / N ; N = sample size = 8

980.9+1036.5+1099.5+1153.9+1409.0+1456.4+1718.4+1721.2

= 10575.8 / 8

= 1321.975

Median :

980.9, 1036.5, 1099.5, 1153.9, 1409.0, 1456.4, 1718.4, 1721.2

1/2(n + 1)th term

1/2(9) = 4.5th term

(1153.9+1409.0) / 2

= 1281.45

Standard deviation:

Sqrt[Σ(X - mean)²/ (N - 1)]

Using calculator :

Standard deviation estimate of population = 277.882456

Coefficient of skewness :

3(1321.975 - 1281.45) / 277.882456

121.575 / 277.882456

= 0.4375051

= 0.4375

Using software excel :

Using excel's AVERAGE, MEDIAN and STDEV.P functions, the Coefficient of skewness can be obtained using the formula :

3 * (mean - median) / standard deviation

Coefficient of skewness obtained is 0.438

answer: 12

step-by-step explanation:

because yes

16

step-by-step explanation: