Kurtosis is a statistical measure used to describe the 'humped' nature of a probability distribution compared to a normal distribution with the same mean and variance.
Kurtosis is a statistical measure used to describe the distribution of observed data around the mean. It is essential in understanding tail risk found in investments and other fields.
A comprehensive guide to leptokurtic distributions in statistics, including their definition, examples, and comparison with platykurtic distributions.
Platykurtic refers to a statistical distribution with negative excess kurtosis, indicating fewer extreme events than a normal distribution. Learn about its definition, examples, and comparisons with other distribution types.
