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In the graph below, the vertical axis represents average real GDP growth for 65 countries over the period 1960-1995, and the horizontal axis shows the average trade share within these countries. This is an example of
Symmetric
Referring to a shape or function that is mirrored equally on both sides of a central axis.
Skewed
A description of data that are not symmetrically distributed, often showing a longer tail on one side of the distribution's peak.
Negatively Skewed
A distribution where the tail is longer on the left side of the distribution, indicating that the majority of data points are located on the right.
Positively Skewed
A type of distribution in which the right tail (higher values) is longer than the left tail, indicating that a majority of the data points are clustered to the left of the mean.
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