Session 2: Quantitative Methods: Basic Concepts Reading 7: Statistical Concepts and Market Returns
LOS k: Define and interpret measures of sample skewness and kurtosis.
Which of the following statements concerning skewness is least accurate? A distribution with:
A) |
a distribution with skew equal to 1 is not symmetrical. | |
B) |
positive skewness has a long left tail. | |
C) |
negative skewness has a large number of outliers on its left side. | | |