Question
Download Solution PDFFor a distribution, the percentile partition values are P10 = 58.983, P50 = 61.345 and P90 = 63.831. Kelly's coefficient of skewness is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation
Kelly’s skewness denoted by Sk
Sk = P90 + P10 – 2P50
P90, P10, P50 are percentile partition
Calculation
Sk = 63.831 + 58.983 + 2 × 61.345
⇒ 122.814 – 122.69
⇒ 0.124
Kelly’s coefficient of skewness denoted by Sp
SP = (P90 + P10 – 2P50)/P90 – P10
⇒ 0.124/4.848
∴ Kelly’s coefficient of skewness is 0.026
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