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Kurtosis - Wikipedia
In probability theory and statistics, kurtosis (from Greek: κυρτός, kyrtos or kurtos, meaning "curved, arching") refers to the degree of “tailedness” in the probability distribution of a real-valued random variable . Similar to skewness, kurtosis provides insight into specific characteristics of a distribution.
en.wikipedia.org
en.wikipedia.org
Kurtosis: Definition, Types, and Importance - Investopedia
Kurtosis is a measure of the combined weight of a distribution's tails relative to the center of the distribution curve referred to as the mean.
www.investopedia.com
www.investopedia.com
Kurtosis - Corporate Finance Institute
Kurtosis is a statistical measure that defines how heavily the tails of a distribution differ from the tails of a normal distribution.
corporatefinanceinstitute.com
corporatefinanceinstitute.com
kurtosis
kurtosis Statistics. (kɜːˈtəʊsɪs) [mod.L., f. Gr. κύρτωσις a bulging, convexity, f. κυρτός bulging, convex.] A shape characteristic of a frequency distribution that reflects the sharpness of the peak (for a unimodal distribution) and the shortness of the tails, and is generally measured by the quant...
Oxford English Dictionary
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Kurtosis - an overview | ScienceDirect Topics
Kurtosis is defined as a measure of the dispersion of a distribution relative to its mean, particularly focusing on the concentration of data around the mean ...
www.sciencedirect.com
www.sciencedirect.com
What Is Kurtosis? | Definition, Examples & Formula - Scribbr
Kurtosis is a measure of the tailedness of a distribution. Tailedness is how often outliers occur. Excess kurtosis is the tailedness of a distribution relative ...
www.scribbr.com
www.scribbr.com
Rationale for describing kurtosis as "peakedness"? Planned maintenance ...
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Kurtosis as Peakedness, 1905 – 2014. R.I.P - PMC - PubMed Central
Kurtosis somehow measures “peakedness” (flatness, pointiness or modality) of a distribution is remarkably persistent, despite attempts by statisticians to set ...
pmc.ncbi.nlm.nih.gov
pmc.ncbi.nlm.nih.gov
Kurtosis -- from Wolfram MathWorld
Kurtosis is defined as a normalized form of the fourth central moment mu_4 of a distribution. There are several flavors of kurtosis.
mathworld.wolfram.com
mathworld.wolfram.com
Kurtosis: Definition, Leptokurtic & Platykurtic - Statistics By Jim
Kurtosis is a statistic that measures the extent to which a distribution contains outliers. It assesses the propensity of a distribution to have extreme values ...
statisticsbyjim.com
statisticsbyjim.com
Kurtosis: Definition, Leptokurtic, Platykurtic - Statistics How To
Excess kurtosis is a way to measure the deviation of tails in any given probability distribution from that of a normal distribution.
www.statisticshowto.com
www.statisticshowto.com
Kurtosis - an overview | ScienceDirect Topics
Kurtosis is a measure that describes how heavily the tails of a distribution differ from the tails of a normal distribution.
www.sciencedirect.com
www.sciencedirect.com
Kurtosis Excess -- from Wolfram MathWorld
Jan 23, 2024The "kurtosis excess" (Kenney and Keeping 1951, p. 27) is defined in terms of the usual kurtosis by gamma_2 = beta_2-3 (1) = (mu_4)/(mu_2^2)-3. (2) It is commonly denoted gamma_2 (Abramowitz and Stegun 1972, p. 928) or b_2. Kurtosis excess is commonly used because gamma_2 of a normal distribution is equal to 0, while the kurtosis proper is equal to 3.
mathworld.wolfram.com
Kurtosis risk
Kurtosis risk is commonly referred to as "fat tail" risk. Ignoring kurtosis risk will cause any model to understate the risk of variables with high kurtosis.
wikipedia.org
en.wikipedia.org
Is excess kurtosis for a mixture of two normal distributions with the same means and different variances always positive? For a mixture of two normal distributions with the same mean the excess kurtosis is stated to b...
You forgot to mention $p_1 + p_2 = 1$ which follows from the web site you linked. I will use $s,t$ for $\sigma_1, \sigma_2$ and $p,q$ for $p_1, p_2 = 1-p_1$ to simplify notation. Sufficient to show that $$ps^4 + qt^4 \geq \left(ps^2 + qt^2\right)^2.$$ Note that $$ \begin{split} 0 &\leq \left(s^2 - t...
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