Kurtosis is a **statistical measure that defines how heavily the tails of a distribution differ from the tails of a normal distribution**. In other words, kurtosis identifies whether the tails of a given distribution contain extreme values.

Contents

- 1 What is meant by kurtosis definition?
- 2 What do kurtosis values mean?
- 3 What is kurtosis research methodology?
- 4 What is kurtosis data science?
- 5 What is kurtosis with example?
- 6 How kurtosis is calculated?
- 7 What is acceptable kurtosis?
- 8 What is a normal kurtosis value?
- 9 How much kurtosis is acceptable?
- 10 What does a kurtosis of 3 mean?
- 11 What does it mean when kurtosis is negative?
- 12 Why is kurtosis important?
- 13 Why is skewness kurtosis important?

## What is meant by kurtosis definition?

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 do kurtosis values mean?

Kurtosis is a measure of whether the data are heavy-tailed or light-tailed relative to a normal distribution. That is, data sets with high kurtosis tend to have heavy tails, or outliers. Data sets with low kurtosis tend to have light tails, or lack of outliers. A uniform distribution would be the extreme case.

## What is kurtosis research methodology?

Kurtosis is the peakedness of a distribution, measuring the relationship between a distribution’s tails and its most numerous values. Kurtosis is commonly used to screen data for normal distribution.

## What is kurtosis data science?

Kurtosis measures the “heaviness of the tails” of a distribution (in compared to a normal distribution). Kurtosis is positive if the tails are “heavier” then for a normal distribution, and negative if the tails are “lighter” than for a normal distribution. The normal distribution has kurtosis of zero.

## What is kurtosis with example?

Kurtosis is a statistical measure used to describe the degree to which scores cluster in the tails or the peak of a frequency distribution. The peak is the tallest part of the distribution, and the tails are the ends of the distribution. There are three types of kurtosis: mesokurtic, leptokurtic, and platykurtic.

## How kurtosis is calculated?

The kurtosis can also be computed as a _{4} = the average value of z^{4}, where z is the familiar z-score, z = (x−x̅)/σ.

## What is acceptable kurtosis?

The values for asymmetry and kurtosis between -2 and +2 are considered acceptable in order to prove normal univariate distribution (George & Mallery, 2010). Hair et al. (2010) and Bryne (2010) argued that data is considered to be normal if skewness is between ‐2 to +2 and kurtosis is between ‐7 to +7.

## What is a normal kurtosis value?

Normal distribution kurtosis = 3. A distribution that is more peaked and has fatter tails than normal distribution has kurtosis value greater than 3 (the higher kurtosis, the more peaked and fatter tails).

## How much kurtosis is acceptable?

Both skew and kurtosis can be analyzed through descriptive statistics. Acceptable values of skewness fall between − 3 and + 3, and kurtosis is appropriate from a range of − 10 to + 10 when utilizing SEM (Brown, 2006).

## What does a kurtosis of 3 mean?

If the kurtosis is greater than 3, then the dataset has heavier tails than a normal distribution (more in the tails). If the kurtosis is less than 3, then the dataset has lighter tails than a normal distribution (less in the tails).

## What does it mean when kurtosis is negative?

A negative kurtosis means that your distribution is flatter than a normal curve with the same mean and standard deviation. This means your distribution is platykurtic or flatter as compared with normal distribution with the same M and SD. The curve would have very light tails.

## Why is kurtosis important?

Kurtosis is a statistical measure that defines how heavily the tails of a distribution differ from the tails of a normal distribution. A large kurtosis is associated with a high risk for an investment because it indicates high probabilities of extremely large and extremely small returns.

## Why is skewness kurtosis important?

“ Skewness essentially measures the symmetry of the distribution, while kurtosis determines the heaviness of the distribution tails.” The understanding shape of data is a crucial action. It helps to understand where the most information is lying and analyze the outliers in a given data.