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Possible Answers:
SKEW.
Last seen on: The Atlantic Sunday, 7 May 2023 Crossword Answers
Random information on the term “Slant”:
In radio electronics, especially radar terminology, slant range or slant distance is the distance along the relative direction between two points. If the two points are at the same level (relative to a specific datum), the slant distance equals the horizontal distance.
An example of slant range is the distance to an aircraft flying at high altitude with respect to that of the radar antenna. The slant range (1) is the hypotenuse of the triangle represented by the altitude of the aircraft and the distance between the radar antenna and the aircraft’s ground track (point (3) on the earth directly below the aircraft). In the absence of altitude information, for example from a height finder, the aircraft location would be plotted farther (2) from the antenna than its actual ground track.
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Random information on the term “SKEW”:
Skewness risk in financial modeling is the risk that results when observations are not spread symmetrically around an average value, but instead have a skewed distribution. As a result, the mean and the median can be different. Skewness risk can arise in any quantitative model that assumes a symmetric distribution (such as the normal distribution) but is applied to skewed data.
Ignoring skewness risk, by assuming that variables are symmetrically distributed when they are not, will cause any model to understate the risk of variables with high skewness.
Skewness risk plays an important role in hypothesis testing. The analysis of variance, one of the most common tests used in hypothesis testing, assumes that the data is normally distributed. If the variables tested are not normally distributed because they are too skewed, the test cannot be used. Instead, nonparametric tests can be used, such as the Mann–Whitney test for unpaired situation or the sign test for paired situation.