Business Statistics

138 Business Statistics

In the case of an asymmetrical distribution, the relationship between the various measures of ve-

number summary is expressed as follows:

• In a right-skewed distribution, the distance from the median to the largest value is greater than

the distance from the smallest value to the median.

• In a right-skewed distribution, the distance from the third quartile to the largest value is greater

than the distance from the smallest value to the rst quartile.

• In a left-skewed distribution, the distance from the median to the largest value is less than the

distance from the smallest value to the median.

• In a ...