Pearson's Second Skewness Coefficient Is Defined as (3 × (μ

question 53

Multiple Choice

Pearson's second skewness coefficient is defined as (3 × (μ - median) /σ) .You are examining financial statistics for the rate of return of a financial product your company sells and find out that the standard deviation is 0.5 and the Pearson coefficient of skewness is 1.5.Suppose that by the end of this year, you receive the updated statistics and find out that the mean increased by 0.2 and the median and standard deviation stayed unchanged.What would be the updated value of Pearson's second skewness coefficient?

• A)0.4
• B)1.2
• C)2.5
• D)2.6
• E)2.7

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