Using a search engine or the virtual library database, conduct your research considering the following concepts: Symmetry Asymmetry Bias Positive bias Negative bias Town hall Mesocúrtic Leptokurtic...

1 answer below »
Need help with statistic homework


Using a search engine or the virtual library database, conduct your research considering the following concepts: Symmetry Asymmetry Bias Positive bias Negative bias Town hall Mesocúrtic Leptokurtic Platicúrtica Explain the meaning of symmetry and pointing by supporting your explanation with an example that presents the types of these measures of shape. Justify the importance of recognizing the type of symmetry and pointing in the analysis of the results of descriptive measures in decision-making.
Answered 1 days AfterJun 08, 2021

Answer To: Using a search engine or the virtual library database, conduct your research considering the...

Gaurav answered on Jun 10 2021
144 Votes
Untitled document
Symmetry and Asymmetry: In statistics, when the right side of the distribution is
the same as
the left side of distribution from the mean value, we say that distribution is symmetric. Whereas,
if the right side isn't a mirror image of the left side, distribution is asymmetric.
Bias, Positive Bias, Negative Bias: The difference between the true value and the expected
value of an estimator is called Bias in statistics. A positive bias denotes over estimation by the
estimator compared to true value, while a negative bias denotes underestimation.
Mesocúrtic, Leptokurtic, Platicúrtica: In statistics, kurtosis presents the shape of the
distribution. It measures the concentration/closeness of the samples, and says about the trails.
A standard Normal distribution has the kurtosis of 3, so assuming our values are also close to
that then our graph’s tails are nearly normal. These distributions are called mesokurtic.
However, when the kurtosis is...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here