What Is the Value of the Pearson Coefficient of Skewness

question 80

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

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Definitions:

Perpetual Inventory System

An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

FIFO Method

An inventory valuation method where the first goods purchased are the first ones to be sold, "First In, First Out".

Days In Inventory

Days in inventory is a financial metric indicating how long it takes for a company to turn its inventory into sales.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.