leptokurtosis Definition
a statistical term that describes a distribution with a higher peak and thinner tails than a normal distribution.
Using leptokurtosis: Examples
Take a moment to familiarize yourself with how "leptokurtosis" can be used in various situations through the following examples!
Example
The data set showed leptokurtosis, indicating a higher concentration of values around the mean.
Example
Leptokurtosis is often observed in financial markets where extreme events occur more frequently than expected.
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Summary: leptokurtosis in Brief
Leptokurtosis [lep-toh-kur-toh-sis] is a statistical term that describes a distribution with a higher peak and thinner tails than a normal distribution. It is often observed in financial markets where extreme events occur more frequently than expected.
