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Definition of "skewness" []

  • The property of being skew. (noun)
  • A measure of the asymmetry of the probability distribution of a real-valued random variable; is the third standardized moment, defined as where is the third moment about the mean and is the standard deviation. (noun)

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Use "skewness" in a sentence
  • "So while I could pass vocabulary quizzes - I understood "skewness" - I was left to guess when questions required computation."
  • "Economic models suggest that redistribution is a function of the variance and skewness of the pre – tax income distribution, the volatility of income (perhaps because of trade shocks), the social costs of taxation and the expected income mobility of the median voter."
  • "Those who tend to be instrumental in creating intellectual property do well get paid in the form of good salaries and company options, but the skewness on the side of "professional managerial talent" is downright disturbing and is getting worse."