Kurtosis In Statistics. So the further the tails are from the mean the higher the risk of getting an extremely low return and the higher the chance of getting an extremely high return. Different measures of kurtosis may have different.
A distribution with kurtosis greater than three is leptokurtic and a distribution with kurtosis less than three is platykurtic. The normal distribution is found to have a kurtosis of three. The degree of tailedness of a.
The data set can represent either the population being studied or a sample drawn from the population.
The normal distribution has kurtosis of zero. If the kurtosis is greater than 3 then the dataset has heavier tails than a normal distribution more in the tails. The degree of tailedness of a. The greater the kurtosis the higher the probability of getting extreme values.
