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TOPIC: How to submit your markdown filesDefine skewness. What does it mean if a dataset is positively skewed versus negatively skewed? Provide an example of each.
How is skewness calculated, and what do the resulting values indicate about the distribution of a dataset?
Explain kurtosis and its significance. How does high kurtosis differ from low kurtosis in terms of the distribution’s peak?
How does skewness affect statistical analyses and decision-making? Give an example of how skewness might impact financial data interpretation.
Provide an example of a real-life dataset that is likely to be skewed. Explain how skewness affects the analysis and interpretation of this data.