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CSS Statistics
QUESTION #1977
Question 1
In Bowley's coefficient of skewness defined as \(S_k = \dfrac{Q_3 + Q_1 - 2Q_2}{Q_3 - Q_1}\), the value lies in the range:
Correct Answer Explanation
Bowley's coefficient of skewness is bounded between \(-1\) and \(+1\) because the numerator \(Q_3 + Q_1 - 2Q_2\) can never exceed the denominator \(Q_3 - Q_1\) in absolute value, since \(Q_2\) always lies between \(Q_1\) and \(Q_3\).
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