In: Statistics and Probability
Identify which of the following statements is true and which is false.
1) _________ For a set of numerical data, if the mean is larger than the median, this is evidence of right-skew.
2) _________ Negative values of the standard deviation indicate that the set of values is even less dispersed than would be expected by chance alone.
3) _________ For a set of numerical data, if the mean and the median are of equal value, this is evidence of symmetry in the data.
1.) True.
For right skewness, median <mode < mean
2.) False.
Variance and standard deviation can't take negative values. The minimum value which they can take is 0
3.) True.
For symmetrical data, mean= median= mode.