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Skew Ness
Skew Ness
Skew Ness
40 to 55
N= 1000
Kurtosis
It measures the peakedness or flatness of the curve which
is drawn from the given data. The kurtosis are three types
1. Mesokurtic Curve( normal curve):
In the case , the curve is neither peaked nor flat
2. Leptokurtic Curve:
In this case, the curve is more peaked than mesokurtic
curve.
3. Platykurtic Curve:
In this case, the curve is flatter than mesokurtic curve.
Percentile coefficient of Kurtosis (Kelly’s Coefficient
of Kurtosis):
1
(𝑄 −𝑄1 )
2 3
K=
𝑃90 −𝑃10
Interpretation:
K= 0.263, mesokurtic curve (normal curve)
K>0.263, Leptokurtic Curve
K<0.263, Platykurtic Curve
Moments
Moments are arithmetic mean of the different powers of
the deviations of the given observations from the chosen
value. If the deviations are taken from the exact arithmetic
mean of the series, then the moments from these
deviations is known as central moments. If the deviations
are taken from some arbitrary value, then the moments
from these observations is known as raw moments.
There are two types of moments which are as follows:
- Central moments
- Raw moments
Central moments (first four moments about mean)
For individual series:
1
𝜇𝑟 = ∑(𝑿 − 𝑿 ̅ )𝒓 , r = 1, 2, 3, 4,…….
𝑛
In particular the first four moments are
1
̅) = 0
𝜇1 = ∑(𝑿 − 𝑿 ̅ ) = 𝟎)
(∵∑(𝑿 − 𝑿
𝑛
1
̅ )𝟐
𝜇2 = ∑(𝑿 − 𝑿
𝑛
1
̅ )𝟑
𝜇3 = ∑(𝑿 − 𝑿
𝑛
1
𝜇4 = ∑(𝑿 − 𝑿 ̅ )𝟒
𝑛
For discrete and continuous series:
1
𝜇𝑟 = ∑ 𝒇(𝑿 − 𝑿 ̅ )𝒓 , r = 1, 2, 3, 4,…….
𝑁
In particular the first four moments are
1
𝜇1 = ̅) = 0
∑ 𝒇(𝑿 − 𝑿 ̅ ) = 𝟎)
(∵∑ 𝒇(𝑿 − 𝑿
𝑁
1
𝜇2 = ̅ )𝟐
∑ 𝒇(𝑿 − 𝑿
𝑁
1
𝜇3 = ̅ )𝟑
∑ 𝒇(𝑿 − 𝑿
𝑁
1
𝜇4 = ∑(𝒇𝑿 − 𝑿 ̅ )𝟒
𝑁
Note: 𝜇1 = 0, 𝜇2 = Variance= 𝜎 2
Raw moments:
(First four moments about origin, arbitrary value, assumed
value)
For individual series
1
𝜇𝑟 ′ = ∑(𝑿 − 𝑨)𝒓 , r = 1, 2, 3, 4,…….
𝑛
Where A = assumed mean
In particular the first four raw moments are
1 1
𝜇1 ′ = ∑(𝑿 − 𝑨) = ∑𝑼 (∵ U= X-A)
𝑛 𝑛
1 1
𝜇2 ′ = ∑(𝑿 − 𝑨)𝟐 = ∑ 𝑼𝟐
𝑛 𝑛
1 1
𝜇3 ′ = ∑(𝑿 − 𝑨)𝟑 = ∑ 𝑼𝟑
𝑛 𝑛
1 1
𝜇4 ′ = ∑(𝑿 − 𝑨)𝟒 = ∑ 𝑼𝟒
𝑛 𝑛
For discrete series:
1
𝜇𝑟 ′ = ∑ 𝒇(𝑿 − 𝑨)𝒓 , r = 1, 2, 3, 4,…….
𝑁
In particular case
1 1
𝜇1 ′ = ∑ 𝒇(𝑿 − 𝑨) = ∑ 𝒇𝑼 (∵ U= X-A)
𝑁 𝑁
1 1
𝜇2 ′ = ∑ 𝒇(𝑿 − 𝑨)𝟐 = ∑ 𝒇𝑼𝟐
𝑁 𝑁
1 1
𝜇3 ′ = ∑ 𝒇(𝑿 − 𝑨)𝟑 = ∑ 𝒇𝑼𝟑
𝑁 𝑁
1 1
𝜇4 ′ = ∑ 𝒇(𝑿 − 𝑨)𝟒 = ∑ 𝒇𝑼𝟒
𝑁 𝑁
Continuous series:
′ ℎ𝑟 𝑿−𝑨 𝒓
𝜇𝑟 = ∑𝒇( ) , r = 1, 2, 3, 4,…….
𝑁 𝒉
In particular case
ℎ 𝑿−𝑨 ℎ
𝜇1 ′ = ∑ 𝒇 ( )= ∑ 𝒇𝑼
𝑁 𝒉 𝑁
𝑿−𝑨
(∵ U= ,A = assumed mean, h= width of the class)
𝒉
′ ℎ2 𝑿−𝑨 𝟐 ℎ2
𝜇2 = ∑𝒇( ) = ∑ 𝒇𝑼𝟐
𝑁 𝒉 𝑁
′ ℎ3 𝑿−𝑨 𝟑 ℎ3
𝜇3 = ∑𝒇( ) = ∑ 𝒇𝑼𝟑
𝑁 𝒉 𝑁
ℎ4 𝑿−𝑨 𝟒 ℎ4
𝜇4 ′ = ∑𝒇( ) = ∑ 𝒇𝑼𝟒
𝑁 𝒉 𝑁
Note:
It will be better to use raw moments when arithmetic
mean is not a whole number ie. fractional value. To
overcome this problem (mean is not in whole number) raw
moment is computed first which makes computation very
comfortable.
Note:
𝜇1 ′ =𝑋̅ − 𝐴
̅ = 𝝁𝟏 ′ + 𝑨
𝑿
For A = 0, 𝑋̅ = 𝜇1 ′ ( raw moment about origin)
Relationship between raw moments and central
moments.
The relationship between raw moments and central
moments are given below
𝜇1 = 𝜇1 ′ - 𝜇1 ′ =0
𝜇2 = 𝜇2 ′ − (𝜇1 ′ )2 = variance
𝜇3 = 𝜇3 ′ − 3𝜇2 ′ 𝜇1 ′ + 2(𝜇1 ′ )3
𝜇4 =𝜇4 ′ − 4𝜇3 ′ 𝜇1 ′ + 6𝜇2 ′ (𝜇1 ′ )2 − 3(𝜇1 ′ )4
Question:
In a certain distribution the first four moments about
arbitrary value (Point) 4 are 1.5, 17 , -30 and 108
respectively. Compute first four central moments , mean
and standard deviation. Also compute CV.
Solution:
A= 4 , 𝜇1 ′ = 1.5, 𝜇2 ′ = 17 , 𝜇3 ′ = −30, 𝜇4 ′ = 108
𝜇3 2
Coefficient of skewness(β1)=
𝜇2 3
β1 = 0, No skewness
β1 > 0 positive skewness
Question:
Calculate the first four central moments from the
following information. Also determine measure of
central tendency, measure of dispersion, skewness and
kurtosis of the given distribution.
Class 50-60 60-70 70-80 80-90 90-100
Frequency 5 12 20 7 6
Solution:
Let A = 75 , h= 10 = (55-75)/10=-20/10 =-2
Class Mid value(X) frequency(f) d= (X-A)/h fd fd^2 fd^3 fd^4
50-60 55 5 -2 -10 20 -40 80
60-70 65 12 -1 -12 12 -12 12
70-80 A=75 20 0 0 0 0 0
80-90 85 7 1 7 7 7 7
90-100 95 6 2 12 24 48 96
105 N=50 ∑fd=-3 63 3 195
The first four raw moments can be estimated by following
relations
ℎ 𝑿−𝑨 ℎ 10
𝜇1 ′ = ∑ 𝒇 ( ) = ∑ 𝒇𝒅 = ×(-3) = -0.6
𝑁 𝒉 𝑁 50
𝑿−𝑨
(∵ d= ,A = assumed mean, h= width of the class)
𝒉
′ ℎ2 𝟐 102
𝜇2 = ∑ 𝒇𝒅 = ×63 =126
𝑁 50
ℎ3 103
𝜇3 ′ = 𝟑
∑ 𝒇𝒅 = ×3 =60
𝑁 50
ℎ4 104
𝜇4 ′ = 𝟒
∑ 𝒇𝒅 = ×195 = 39000
𝑁 50
(286.368)2
Coefficient of skewness(β1)=
125.64 3
=0.041>0 , positively skeweed
Coefficient of kurtosis based on moments
𝜇 39415.771
Coefficient of Kurtosis(β2)= 42 = 2 =2.49
𝜇2 125.64
Interpretation:
β2=3 , mesokurtic curve (normal curve)
β2>3 , Leptokurtic Curve
β2<3 , Platykurtic Curve