Answered: 1. The histogram is skewed to the left…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Choose the correct statement about the following histogram.

1. The histogram is skewed to the left because it has a shorter tail to the left.

2. The histogram is skewed to the left because it has a longer tail to the left.

3. The histogram is skewed to the right because it has a shorter tail to the right.

4. The histogram is skewed to the right because it has a longer tail to the right.

Frequency
15
10
5
0
0
2
Histogram of arrivals
6
8
Arrivals per minute
10
12

Expert Solution

Step 1

A distribution is left skewed if most of the data are spread out on the left. A histogram is said to be skewed to the left if it has a longer tail on the left.

A distribution is right-skewed if most of the data are spread out on the right. A histogram is said to be skewed to the right if it has a longer tail on the right.

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