What Is the Value of the Pearson Coefficient of Skewness

question 68

Multiple Choice

What is the value of the Pearson coefficient of skewness for a distribution with a mean of 17, median of 12 and standard deviation of 6?

• A) +2.5
• B) -2.5
• C) +0.83
• D) -0.83
• E) None of the choices are correct.

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Definitions:

Percentage-Of-Sales

A method used to create a marketing or advertising budget based on a fixed percentage of a company's sales revenue.

Budgeting Method

A systematic approach to managing finances by allocating funds based on estimated expenses and revenues.

Sales Decline

A stage in the product life cycle where sales and profits begin to decrease due to market saturation, competition, or changes in consumer preferences.

Objective-And-Task Method

A promotion-mix budgeting strategy in which a firm defines specific objectives, determines the tasks required to achieve those objectives, and then estimates how much each task will cost.