👉 Kurtosis is a measure of the "fatness" or "curvature" of a distribution. It is a statistical concept that describes how sharply curves are concentrated around the mean value in a probability density function (PDF). Kurtosis is typically measured on a scale from 0 to 10, with 5 being the most fatuous and 10 being the most peaked. In other words, it indicates how much of the data points lie above or below the mean. A distribution
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What is the definition of Kurtosis? 🙋
👉 The term "kurtosis" is a statistical concept that describes the tail of an approximately normal distribution, particularly in relation to the number and shape of the tails. It refers to the measure of how much a data set deviates from being symmetric around its mean value. In more mathematical terms, Kurtosis can be defined as the ratio of the fourth central moment to the square of the first central moment. This ratio is used to assess whether a distribution is positively or negatively peaked, and it can
What is the definition of Kurtus? 🙋
👉 Kurtosis is a measure of the fatness or lightness of a distribution, used in statistics to describe the tail shape of a probability density function (PDF). It is calculated by adding up the absolute values of all deviations from the mean. A higher Kurtosis indicates that the data points are more spread out and have longer tails, while a lower Kurtosis suggests they are closer to being uniform or bell-shaped.
