On 08/12/10 20:10, Teignmouth wrote:
John,
If I use the SKEW function I get the following values:
Period Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1659-2009 (0.6) (0.5) (0.1) (0.1) 0.1 0.2 0.4 0.3 0.0 (0.1) 0.0
(0.2)
1971-2009 (0.8) (0.8) (0.2) 0.2 (0.1) (0.2) 0.8 0.4 (0.1) 0.0
(0.1) (0.8)
Now what do I do with the value and the Standard Deviation?
If I have a December mean for the period 1659-2009 of +4.1c, and the
STDEV is 1.7c, and the SKEW is -0.2c, do I get a revised STDEV of 1.5c
or 1.9c? Then do I use +4.1c and the revised STDEV x1 x2 x3 etc to
get the revised Standard Deviation thresholds?
Your help is much appreciated.
Thanks
It is possible to calculate a standard deviation for a skewed
distribution using the distribution parameters. This requires you to
know which distribution best fits the data.
e.g. Gamma distribution:
http://en.wikipedia.or/wiki/Gamma_distribution
variance=k*theta^2 where k and theta are parameters that define the
distribution.