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Thread: Kurtosis

  1. #1

    Default Kurtosis

    Can anybody explain in easy to understand "simple speak" what Kurtosis means to you.

    ES

  2. #2
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    I think you get it from drinking too much

  3. #3
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    Ok googled it..
    My interpretation of the Wikipedia is

    'the pointiness of a chart'

    A chart that rises and falls quickly has more Kurtosis then a chart that is flat.

    I might be wrong. Has happened before.

  4. #4
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    Actually I think it is better described as a way to measure pointiness.

    mesokurtotic is zero kurtosis
    leptokurtic is positive kurtosis - meaning it is more pointy then normal
    platykurtic is negative kurtosis - meaning it is less pointy then normal

    It seems to be a way of measuring the statistical value of data, where you have an expected outcome.

  5. #5

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    Is is measurable? What is this skewness stuff that I read about when it is in the context of Kurtosis? Are there any indicators?

    ES

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indicators, simple

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