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The following table revels daily wages (Rs.00) of workers of certain locality: Daily wages (Rs.00) Number of workers 20 – 30 10 30 – 40 15 40 – 50 21…

BBS Business Statistics · 2082 · Solved Question with Answer

The following table revels daily wages (Rs.00) of workers of certain locality:

Daily wages (Rs.00) Number of workers
20 – 30 10
30 – 40 15
40 – 50 21
50 – 60 30
60 – 70 24
70 – 80 15
80 – 90 5

Calculate (a) coefficient skewness and interpret the result (b) coefficient of kurtosis and interpret the result.

Solution

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