In kurtosis, how would I know if it is Platykurtic, Leptokurtic and Mesokurtic? And what does...

In kurtosis, how would I know if it is Platykurtic, Leptokurtic and Mesokurtic? And what does it interpret with regards to my data/observation?

Expert Solution

Interpretation:

Equation (i) is a pure number and its value is zero for a normal distribution. A normal curve is called mesokurtic (i.e, having medium kurtosis).

A positive value of g2 means that there is high concentration of values in the neighbourhood of the measure of central tendency and the distribution has high tails compared to the normal distribution with the same standard deviation. The corresponding distribution is known as leptokurtic.

Again a negative value of g2 indicates that there is low concentration of values near the average and the distribution has low tails in comparison with a normal distribution with the same standard deviation. Here the distribution is known as platykurtic.

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orchestra answered 1 year ago

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