Kurtosis Meaning In Statistics. It is actually the measure of outliers present in the distribution. Kurtosis is an important descriptive statistic of data distribution.
That is data sets with high kurtosis tend to have heavy tails or outliers. Kurtosis is typically measured with respect to the normal distribution. Definition of kurtosis like skewness kurtosis is a statistical measure that is used to describe distribution.
Definition of kurtosis in statistics kurtosis is defined as the parameter of relative sharpness of the peak of the probability distribution curve.
In probability theory and statistics kurtosis from greek. Kurtosis is descriptive or summary statistics and describes peakedness and frequency of extreme values in a distribution. In other words kurtosis identifies whether the tails of a given distribution contain extreme values. A distribution or data set is symmetric if it looks the same to the left and right of the center point.
