CA Foundation Exam  >  CA Foundation Videos  >  Bowley’s Coefficient of Skewness, Business Mathematics & Statistics

Bowley’s Coefficient of Skewness, Business Mathematics & Statistics Video Lecture - CA Foundation

Top Courses for CA Foundation

FAQs on Bowley’s Coefficient of Skewness, Business Mathematics & Statistics Video Lecture - CA Foundation

1. What is Bowley's Coefficient of Skewness?
Ans. Bowley's Coefficient of Skewness is a measure of the asymmetry of a distribution. It is calculated by dividing the difference between the first and third quartiles by the interquartile range.
2. How is Bowley's Coefficient of Skewness different from Pearson's Coefficient of Skewness?
Ans. Bowley's Coefficient of Skewness uses quartiles to calculate skewness, while Pearson's Coefficient of Skewness uses the mean and standard deviation. Bowley's method is less affected by outliers in the data.
3. How can Bowley's Coefficient of Skewness help in analyzing business data?
Ans. Bowley's Coefficient of Skewness can provide insights into the distribution of data in a business context. It can help identify if the data is skewed to the left or right, which can impact decision-making processes.
4. How do you interpret the value of Bowley's Coefficient of Skewness?
Ans. If Bowley's Coefficient of Skewness is positive, the data is skewed to the right. If it is negative, the data is skewed to the left. A value of zero indicates a symmetric distribution.
5. Can Bowley's Coefficient of Skewness be used in financial analysis?
Ans. Yes, Bowley's Coefficient of Skewness can be useful in financial analysis to understand the distribution of financial data such as stock returns or sales figures. It can help in identifying patterns or outliers in the data that may impact investment decisions.
Explore Courses for CA Foundation exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

shortcuts and tricks

,

pdf

,

Objective type Questions

,

Important questions

,

Free

,

MCQs

,

Bowley’s Coefficient of Skewness

,

Business Mathematics & Statistics Video Lecture - CA Foundation

,

Business Mathematics & Statistics Video Lecture - CA Foundation

,

Business Mathematics & Statistics Video Lecture - CA Foundation

,

Sample Paper

,

Semester Notes

,

Extra Questions

,

Exam

,

mock tests for examination

,

study material

,

past year papers

,

Bowley’s Coefficient of Skewness

,

Viva Questions

,

Bowley’s Coefficient of Skewness

,

Summary

,

ppt

,

video lectures

,

Previous Year Questions with Solutions

,

practice quizzes

;