What is the formula for coefficient of kurtosis?

What is the formula for coefficient of kurtosis?

The kurtosis of a probability distribution of a random variable x is defined as the ratio of the fourth moment μ4 to the square of the variance σ4, i.e., μ 4 σ 4 = E { ( x − E { x } σ ) 4 } E { x − E { x } } 4 σ 4 . Kurtosis is primarily a measure of the heaviness of the tails of a distribution.

What is the value of coefficient of kurtosis?

The coefficient of kurtosis (γ2) is the average of the fourth power of the standardized deviations from the mean. For a normal population, the coefficient of kurtosis is expected to equal 3. A value greater than 3 indicates a leptokurtic distribution; a values less than 3 indicates a platykurtic distribution.

What is coefficient of skewness and kurtosis?

Skewness is a measure of symmetry, or more precisely, the lack of symmetry. A distribution, or data set, is symmetric if it looks the same to the left and right of the center point. Kurtosis is a measure of whether the data are heavy-tailed or light-tailed relative to a normal distribution.

What is the coefficient of kurtosis of a bell shaped curve?

Kurtosis is a measure of the sharpness of the data peak. Traditionally the value of this coefficient is compared to a value of 0.0, which is the coefficient of kurtosis for a normal distribution, i.e., the bell-shaped curve.

What is kurtosis and skewness?

How do you evaluate skewness and kurtosis?

For skewness, if the value is greater than + 1.0, the distribution is right skewed. If the value is less than -1.0, the distribution is left skewed. For kurtosis, if the value is greater than + 1.0, the distribution is leptokurtik. If the value is less than -1.0, the distribution is platykurtik.

What is kurtosis in statistics with example?

Kurtosis is a measure of the combined weight of a distribution’s tails relative to the center of the distribution. When a set of approximately normal data is graphed via a histogram, it shows a bell peak and most data within three standard deviations (plus or minus) of the mean.

What is skew and kurtosis?