Payments Council and Pearson's Coefficient of Skew: Difference between pages

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imported>Doug Williamson
m (Replace "It" with "The Payments Council".)
 
imported>Doug Williamson
m (Categorise.)
 
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A UK membership organisation with responsibility for ensuring that payment services work for all who use them.  It sets a strategy for UK payments including the National Payments Plan which looks at how payments can be improved and enhanced.
''Statistics''.
 
Three times the mean <u>less</u> the median all divided by the standard deviation.


The Payments Council set up the Paym scheme which uses mobile phones to send and receive payments.
When the mean is greater than the median, the distribution is ''positively'' skewed.


When the mean is less than the median, the distribution is ''negatively'' skewed.


==See also==
* [[Paym]]


[[Category:Cash_management]]
== See also ==
* [[Mean]]
* [[Median]]
* [[Skewness]]
* [[Standard deviation]]
 
[[Category:The_business_context]]

Latest revision as of 13:57, 21 March 2018

Statistics.

Three times the mean less the median all divided by the standard deviation.

When the mean is greater than the median, the distribution is positively skewed.

When the mean is less than the median, the distribution is negatively skewed.


See also

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