The sales volumes for the top real estate brokerage firms in Canada for a recent year were

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The sales volumes for the top real estate brokerage firms in Canada for a recent year were analyzed using descriptive statistics. The mean annual dollar volume for these firms was $551 million, the median was $319 million, and the standard deviation was $959 million. Compute the value of the Pearsonian coefficient of skewness and discuss its meaning. Is the distribution skewed? If so, to what extent?

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Business Statistics For Contemporary Decision Making

ISBN: 9781119577621

3rd Canadian Edition

Authors: Ken Black, Ignacio Castillo

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