Thursday, January 10, 2019

Statistics - Karl Pearson Method


There are certain ways to determine the skewness in data but on of the most effective way is the Karl Pearson method :-



                             Skewness = Mean -Mode



Coefficient of Skewness = Mean - Mode / Standard Deviation



In case where , we cannot determine Mode , then the formula will be like



Skewness = 3 Mean – (3 Median – 2 Mean) / SD



                   = 3 (Mean -Median ) / SD



Since our current formula is



3(Mean – Median) /Standard deviation is equal to Mean – Mode / SD



Then ,



                        3 Mean - 3 Median = Mean - Mode

                        Mode = Mean - 3 Mean + 3 Median

                        Mode = 3 Median - 2 Mean



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