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Kurtosis

Kurtosis measures the extent to which observations fall near the center of a distribution. A standard normal distribution has a kurtosis value of 3. Kurtosis values that are less than 3 indicates a distribution with a fat midrange on either side of the mean and also has a low peak (platykurtotic distribution). Kurtosis values greater than 3 indicates a distribution with a thin midrange with fat tails and a high peak (leptokurtotic distribution).


Category:Understanding the Software -> Higher Moments

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