1. The histogram is skewed to the left because it has a shorter tail to the left. 2. The histogram is skewed to the left because it has a longer tail to the left. 3. The histogram is skewed to the right because it has a shorter tail to the right. 4. The histogram is skewed to the right because it has a longer tail to the right.
1. The histogram is skewed to the left because it has a shorter tail to the left. 2. The histogram is skewed to the left because it has a longer tail to the left. 3. The histogram is skewed to the right because it has a shorter tail to the right. 4. The histogram is skewed to the right because it has a longer tail to the right.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Choose the correct statement about the following histogram.
1. The histogram is skewed to the left because it has a shorter tail to the left.
2. The histogram is skewed to the left because it has a longer tail to the left.
3. The histogram is skewed to the right because it has a shorter tail to the right.
4. The histogram is skewed to the right because it has a longer tail to the right.
Transcribed Image Text:Frequency
15
10
5
0
0
2
Histogram of arrivals
6
8
Arrivals per minute
10
12
Expert Solution
Step 1
A distribution is left skewed if most of the data are spread out on the left. A histogram is said to be skewed to the left if it has a longer tail on the left.
A distribution is right-skewed if most of the data are spread out on the right. A histogram is said to be skewed to the right if it has a longer tail on the right.
----------------------------------------------------------------------------------------------
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education