Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A distribution of annual incomes has a skewness coefficient of + 1.45 and an excess kurtosis coefficient of - 2.05. Compare to a normal distribution,

A distribution of annual incomes has a skewness coefficient of + 1.45 and an excess kurtosis coefficient of - 2.05. Compare to a normal distribution, this means _______________ Question 30 options: a) the incomes are relatively high with fewer extreme incomes. b) the incomes are relatively low with fewer extreme incomes. c) the incomes are relatively low with a lot of extreme incomes. d) the incomes are relatively high with a lot of extreme incomes. e) none of the above.A distribution of annual incomes has a skewness coefficient of + 1.45 and an excess kurtosis coefficient of - 2.05. Compare to a normal distribution, this means

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: David Colander

8th edition

978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110

More Books

Students also viewed these Economics questions

Question

What is a strategy map and how is it used?

Answered: 1 week ago

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago