Member-only story
Mean and Median for Skewed Distribution
Statistics for long tailed distribution
Introduction
In this article, I am going to show skewed distribution statistics. Most importantly I am going to talk about mean and median which are the basic statistics for skewed distributions. I guess mostly we are familiar with normal distribution. Normal distribution is ideal. Normal distribution looks like a bell shaped curve like below which is symmetric on the both side. Here, we will discuss about non-symmetric distributions.
Skewed Distribution Statistics
Skewed distributions are those distributions which are non-symmetric and can have longer tails on either left or right side. For normally distributed data, mean. median and mode all point to a single value whereas the values shift differently in case of skewed data.
Distributions having a longer tail on right side are also called positively skewed distributions and distributions having a longer tail on left side are also called negatively…