Question
Download Solution PDFCoefficient of Kurtosis β2 = ____________, where μ2 and μ4 are the second and fourth moments about mean.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation
Kurtosis measure the shape of distribution or in other word kurtosis measures the peakness of its frequency distribution
∴The measures of kurtosis is given by:
If the curve has much flatness then the normal curve is called a Leptokurtic curve
If the curve has lesser flatness than the normal curve then it is called a platykurtic curve
If the curve is equally flat as a normal curve then it is called a Mesokurtic curve
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