AuthorTopic: Skewness
Max27
@2007-06-01 16:16:29
Can anyone explain skewness in relation to "gains and losses". For example, looking at a positively skewed distribution, i don't get the frequent small losses and few extreme gains thing. HELP!!
babyrock
@2007-06-10 00:30:07
This is because negaitve skew has the peak in the right and "excess" tail to the far left (extreme loss.)

CFA Discussion Topic: Skewness

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I used your notes and passed ... highly recommended!
Lauren

Lauren