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kurtosis

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
kurtosis
[kerto′sis]
the degree of peakedness or flatness of a probability distribution relative to the normal distribution with the same variance.

kurtosis [ker-to´sis]
the degree of peakedness or flatness of a probability distribution, relative to the normal distribution with the same variance. See illustration.
Kurtosis. From Dorland's, 2000.

kurtosis
the quality of peakedness in a unimodal distribution. Abnormalities are leptokurtosis where values are clustered about the mean and the tails of the curve, and platykurtosis where the clustering produces a plateau-shaped curve.


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The Kurtosis and Skewness statistics indicate that index returns series are leptokurtic and have an asymmetric distribution that rejects significantly the null hypothesis of normality for all the index returns series.
The results indicate excess skewness and kurtosis in the price series, departure from normality for the spot prices, while all the variable in the first difference stationary, all having a unit root on their log-levels presentation.
Kurtosion® Patent Issued Vibration Research Corporation (VRC) has announced that US Patent 7,426,426, "System and Method for Simultaneously Controlling Spectrum and Kurtosis of a Random Vibration," has been issued to Philip D.
 
 
 
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