Pearson's Coefficient of Skew and Pecking order theory: Difference between pages

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''Statistics''.
The theory that in practice managers will raise funds from the most convenient available source, rather than making detailed assessments about optimal capital structure.
 
Three times the mean <u>less</u> 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==
 
* [[Optimal capital structure]]
 
== See also ==
* [[Mean]]
* [[Median]]
* [[Skewness]]
* [[Standard deviation]]
 
[[Category:The_business_context]]

Revision as of 14:35, 7 February 2015

The theory that in practice managers will raise funds from the most convenient available source, rather than making detailed assessments about optimal capital structure.


See also