👉 Isokurtic refers to a distribution of data that follows a shape similar to that of a bell curve, with tails tapering off towards the center. It occurs when the probability density function (PDF) of a random variable approaches zero as its value increases beyond a certain threshold, which is known as the "critical point." This type of distribution is often used in statistical analysis and modeling to represent real-world data or phenomena that follow a bell curve's shape.
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