Kelly’s coefficient of skewness for grouped data
For a symmetric distribution, the first decile namely $D_1$ and nineth decile $D_9$ are equidistance from the median i.e. $D_5$. Thus, $D_9 - D_5 = D_5 -D_1$.
Kelly’s coefficient of skewness is based on deciles $D_{1}$
, $1^{st}$
decile, $D_{5}$
, $5^{th}$
decile, and $D_{9}$
, $9^{th}$
decile). Only 20% of the observations are excluded from the measure.
Formula
$Sk =\dfrac{D_9+D_1 -2*Median}{D_9-D_1}$
OR
$Sk =\dfrac{P_{90}+P_{10} -2*Median}{P_{90}-P_{10}}$
where,
$D_1 (=P_{10})$
is the first decile (or tenth percentile) of the data$Median=D_5 (=P_{50})$
is the median of the data$D_9 (=P_{90})$
is the ninth decile (or nineteenth percentile) of the data.