What is the importance of analyzing the skewness of a data distribution?
- It helps calculate the mean.
- It helps identify the type of data.
- It measures the variability of a dataset.
- It tells us about the direction and extent of asymmetry.
Analyzing the skewness of a data distribution is important because it provides insight into the direction and extent of the asymmetry of the data. It can indicate potential outliers and can influence the selection of statistical methods for further analysis.
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