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Negative Skewness


Negative skewness has two applications in the field of asset management: 1. Probability Distributions for Asset Service Lives Asymmetry (skewness) in a probability distribution, to the right (negative) of the mean. This concept can be applied to the following:

Fig. Generic rightmodal curve (negative skewness). Fig. Comparison of negative and positive skewness on a probability distribution. 

2. Project Distributions in a Planning Horizon A backend loading on a tactical plan or a strategic plan or a funding model represented by a moving average graph will have negative skewness. 
2. Project Distributions in a Planning Horizon Fig. Backend loading on a strategic plan which has negative skewness. Fig. Backend loading on a funding model, which results in negative skewness. 

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Fig. I. Care is trying to connect the dots to reveal the patterns in the data that underpin his assets. 
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