Define Kurtosis In Statistics. A leptokurtic distribution is one that has kurtosis. Kurtosis is a measure of whether the data are heavy-tailed or light-tailed relative to a normal distribution.
Noun statistics a measure of the concentration of a distribution around its mean esp the statistic B 2 m 4 m 2. Kurtosis is the fourth moment in statistics. It is sometimes referred to as the volatility of volatility.
A distribution that has tails shaped.
The value is often compared to the kurtosis of the normal distribution which is equal to 3. Mar 04 2017 In statistics kurtosis is defined as the parameter of relative sharpness of the peak of the probability distribution curve. It is sometimes referred to as the volatility of volatility. Kurtosis is the fourth moment in statistics.
