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Quantitative Techniques – I




                    Notes          Solution:
                                                               Calculation of  Skewness
                                                   Class   Freq. M.V.     X 35          2     3
                                                                      u           fu   fu   fu
                                                  Intervals  (f )  (X)     10
                                                    0-10     8     5       3      24   72    216
                                                   10-20    14    15       2      28   56    112
                                                   20-30    22    25       1      22   22     22
                                                   30-40    26    35       0       0    0      0
                                                   40-50    15    45       1      15   15     15
                                                   50-60    10    55       2      20   40     80
                                                   60-70     5    65       3      15   45    135
                                                   Total   100                    24 250    120

                                                  fu  10    24                 fu 2  100 250
                                              h                   2.4 ,   h 2                 250  and
                                           1                           2
                                                 N       100                  N       100
                                                   fu  3  1000  120
                                              h 3                      1200.
                                           3
                                                  N         100
                                                                                             3
                                    Thus,   = 250   (  2.4)  = 244.24 and   =   1200 + 3   250   2.4 + 2(  2.4) = 572.35
                                                     2
                                         2                        3
                                                   2   572.35  2
                                       Hence,      3            0.02248
                                               1   3         3
                                                   2   244.24
                                   Since the value of   is small and   is positive, therefore, the distribution is  moderately positively
                                                  1          3
                                   skewed.
                                   Since   is a coefficient, its value can directly be obtained from moments of    the moments
                                        1
                                   without adjustment by the scale factor  . Let us denote various moments of   as follows:
                                           fu   24                fu  2  250           fu 3  120
                                         1            0.24 ,  2             2.50 ,  3               1.2
                                          N    100               N     100            N      100

                                                   2  = 2.50   (   0.24)  = 2.4424
                                                                 2
                                           2   2  1
                                   Note: At least 4 places after decimal should be taken to get the correct results.
                                                  3     2  3                             3
                                           3   3    2 1   1  =   1.2   3   2.5×(  0.24) + 2×(  0.24) = 0.5724
                                               2         2
                                               3  (0.5724)  = 0.02249
                                           1   3  (2.4424) 3
                                               2
                                   It may also be pointed out that the central moments can also be obtained from   ,   , etc., by
                                                                                                    2   3
                                   suitable multiplication of the scale factor.


                                          Example: If the first three moments of an empirical frequency distribution about the
                                   value 2 are 1, 16 and   40. Examine the skewness of the distribution.









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