kurtosis Definition
a measure of the degree to which a probability distribution is peaked or flat compared to a normal distribution.
Using kurtosis: Examples
Take a moment to familiarize yourself with how "kurtosis" can be used in various situations through the following examples!
Example
The kurtosis of the data set indicates that it is platykurtic, meaning it is flatter than a normal distribution.
Example
A leptokurtic distribution has a higher kurtosis than a normal distribution, indicating a sharper peak and heavier tails.
Example
Kurtosis is an important statistical concept in finance and economics.
Summary: kurtosis in Brief
Kurtosis [kərˈtoʊsɪs] is a statistical measure of how much a probability distribution deviates from a normal distribution in terms of its peakedness or flatness. It is used to describe the shape of a distribution and can be either platykurtic or leptokurtic. Kurtosis is an important concept in finance and economics.
