If β1 = 0 it means the distribution is _______________?
Correct answer: A. Symmetrical
- A. Symmetrical
- B. + vely skewed
- C. -vely skewed
- D. Non of these
Explanation
β₁ is the squared measure of skewness, so β₁=0 indicates zero skewness and is conventionally described as a symmetrical distribution. Positive or negative skewness would produce a positive value of β₁, not distinguish its direction.
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