How to find μ₃ for a distribution?
Question:
Find μ₃ for a distribution when Pearsonian's Coefficient of Skewness (γ₁) = 1 and Standard Deviation = 4.
Solution:
Step 1: Find μ₂
∵ Standard Deviation = 4, Variance = 4² = 16
Variance = μ₂ = 16
Step 2: Find β₁
γ₁ = √β₁
∴ 1 = √β₁
∴ β₁ = 1²
∴ β₁ = 1
Step 2: Find μ₃
β₁ = μ₃² / μ₂³
∴ 1 = μ₃² / 16³
∴ μ₃² = 16 x 16 x 16
∴ μ₃ = √[16 x 16 x 16]
∴ μ₃ = 4 x 4 x 4
∴ μ₃ = 64
Answer:
μ₃ for a distribution is 64 when Pearsonian's Coefficient of Skewness (γ₁) = 1 and Standard Deviation = 4.
Video Solution:
