If used to model data that have limits (such as the age of a customer using a credit card or amount spent by a customer), what problem does a normal model have? Would the skewness  and kurtosis  of...


If used to model data that have limits (such as the age of a customer using a credit card or amount spent by a customer), what problem does a normal model have?


Would the skewness
 and kurtosis
 of the 100 observations shown in the following histogram both be close to zero, or can you see that one or the other would differ from zero? You don’t need to give a precise value, just indicate the direction away from zero.



May 04, 2022
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