There was a limited edition set of toys, where only 6 were produced and by hand. Their weights are:
W = [2.05, 1.8, 2.2, 2.15, 1.75, 1.95]
Was there any skewness in the production process in terms of the weights of these toys? How do you know?
Was there any skewness in the production process in terms of the weights of these toys
YES, there is negative skewness present in the production process in terms of the weights.
How do you know
Please see below calculations to understand the skewness measure,
Here skewness is -0.123 hence there is skewness present in the weights.
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