Excess Kurtosis. Excess Kurtosis for Normal Distribution 33 0. Nov 11 2020 Kurtosis ranges from 1 to infinity.
Excess Kurtosis Formula Very often kurtosis is quoted in the form of excess kurtosis kurtosis relative to normal distribution kurtosis. Now excess kurtosis will vary from -2 to infinity. Thus for symmetric distributions positive kurtosis indicates an excess in either the tails.
Fat tails means there.
Mesokurtic distributions have excess kurtosis of zero. Apr 29 2020 If the coefficient of kurtosis is greater than 3 ie. Data sets with low kurtosis tend to have light tails or lack of outliers. Excess kurtosis is simply kurtosis less 3.
