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    Kurtosis

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    Edith Bustillos
    Kurtosis is a statistical measure of the peakedness or flatness of a distribution compared to a normal distribution. There are three types of kurtosis: 1. Leptokurtic distributions have tall, narrow peaks and long tails, indicating values clustered in the center. They have positive kurtosis. 2. Mesokurtic distributions have neither peaked nor flat distributions and resemble a normal distribution with zero kurtosis. 3. Platykurtic distributions have broad, low humps and short tails, indicating values more evenly distributed. They have negative kurtosis. The example calculates the kurtosis of daily employee rates and finds it to be positive, indicating a le

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    Kurtosis

    Uploaded by

    Edith Bustillos
    129 views8 pages
    Kurtosis is a statistical measure of the peakedness or flatness of a distribution compared to a normal distribution. There are three types of kurtosis: 1. Leptokurtic distributions have tall, narrow peaks and long tails, indicating values clustered in the center. They have positive kurtosis. 2. Mesokurtic distributions have neither peaked nor flat distributions and resemble a normal distribution with zero kurtosis. 3. Platykurtic distributions have broad, low humps and short tails, indicating values more evenly distributed. They have negative kurtosis. The example calculates the kurtosis of daily employee rates and finds it to be positive, indicating a le

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    Kurtosis is a statistical measure of the peakedness or flatness of a distribution compared to a normal distribution. There are three types of kurtosis: 1. Leptokurtic distributions have tall, narrow peaks and long tails, indicating values clustered in the center. They have positive kurtosis. 2. Mesokurtic distributions have neither peaked nor flat distributions and resemble a normal distribution with zero kurtosis. 3. Platykurtic distributions have broad, low humps and short tails, indicating values more evenly distributed. They have negative kurtosis. The example calculates the kurtosis of daily employee rates and finds it to be positive, indicating a le

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    © All Rights Reserved
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    129 views8 pages

    Kurtosis

    Uploaded by

    Edith Bustillos
    Kurtosis is a statistical measure of the peakedness or flatness of a distribution compared to a normal distribution. There are three types of kurtosis: 1. Leptokurtic distributions have tall, narrow peaks and long tails, indicating values clustered in the center. They have positive kurtosis. 2. Mesokurtic distributions have neither peaked nor flat distributions and resemble a normal distribution with zero kurtosis. 3. Platykurtic distributions have broad, low humps and short tails, indicating values more evenly distributed. They have negative kurtosis. The example calculates the kurtosis of daily employee rates and finds it to be positive, indicating a le

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    Kurtosis

    › Kurtosis is from the Greek word kyrtos or Kurtos, meaning


    bulging. In statistics kurtosis (or excess) is a statistical
    measure used to describe the distribution of observed data
    around the mean. It measures the relative peakedness or
    flatness of a distribution (as compared to the normal
    distribution, which shows a kurtosis of zero). A kurtosis of a
    data set is computed using the formula:
    𝒏(𝒏+𝟏) 𝒙𝟏 −𝒙 𝟒 𝟑(𝒏−𝟏)𝟐
    › Kurt = ∑ -
    (𝒏−𝟏)(𝒏−𝟐)(𝒏−𝟑) 𝒔 (𝒏−𝟐)(𝒏−𝟑)
    Where: kurt = kurtosis
    n = sample population
    x = the value of any particular observations or
    measurement
    x = sample mean
    s = sample standard deviation
    Three Types of Kurtosis
    1. Leptokurtic are distribution where values clustered heavily
    or pile up in the center. There are tall distribution with narrow
    humps and long and high tails. Its kurtosis is positive.
    (kurtosis >0) and it denotes a high degree of peakedness.
    2. Mesokurtic are intermediate distribution which are neither
    too peaked nor too flat. The values are immediately
    distributed about the center. Its kurtosis is zero (kurtosis = 0).
    3. Platykurtic are flat distributions with values more evenly
    distributed about the center with broad humps and shot tails.
    Its kurtosis is negative (kurtosis < 0) and it denotes a low
    degree of peakedness
    Types of Kurtosis
    Example:
    The daily rates of a sample of eight employees atGMS
    Inc. are P550, P420, P560, P500, P700,P670, P860, P480.
    Determine the kurtosis and describe the type.
    Solution:
    Step 1: Compute the mean of the data set
    ∑𝑥 550+420+560+500+700+670+860+480 4,740
    x = 𝑛 = 8
    = 8
    =592.50
    Step 2: Subtract the mean from each of the value in the data
    set.
    Step 3: Square the x - x̅ , then get the sum
    Step 4: Solve for standard deviation using formula
    ∑ 𝑥 −𝑥 2
    s= 𝑛 −1
    𝑥 −𝑥
    Step 5: Obtain the value of
    𝑠
    𝑥 −𝑥 4
    Step 6: Compute for the values of then get the sum
    𝑠
    Step 1 Step 2 Step 3 Step 5 Step 6

    x x-x 𝑥 −𝑥 2 𝑥 −𝑥 𝑥 −𝑥 4

    𝑠 𝑠
    550 -42.5 1,806.25 -0.2974 0.0078
    420 -172.5 29,756.25 -1.2071 2.1232
    560 -32.5 1,056.25 -0.2274 0.0027
    500 -92.5 8,556.25 -0.6473 0.1755
    700 107.5 11,556.25 0.7523 0.3202
    670 77.5 6,006.25 0.5423 0.0865
    860 267-5 71,556.25 1.8719 12.2779
    480 -112.5 12,656.25 -0.7872 0.3841
    ∑x = 4,740 ∑(x - x) = 0 ∑ 𝑥 − 𝑥 2 =142,950 𝑥 −𝑥 4
    ∑ =15.3779
    𝑠

    Step 4:
    s = 20,421.43
    ∑ 𝑥 −𝑥 2
    142,950
    s= s=
    𝑛 −1 8 −1 s = 142.90
    Step 7: Applying formula to obtain the value of
    kurtosis
    𝒏(𝒏+𝟏) 𝒙𝟏 −𝒙 𝟒 𝟑(𝒏−𝟏)𝟐
    › Kurt = ∑ -
    (𝒏−𝟏)(𝒏−𝟐)(𝒏−𝟑) 𝒔 (𝒏−𝟐)(𝒏−𝟑)
    𝟖(𝟖+𝟏) 𝟑(𝟖−𝟏)𝟐
    › Kurt = (𝟖−𝟏)(𝟖−𝟐)(𝟖−𝟑)
    𝟏𝟓. 𝟑𝟕𝟕𝟗 - (𝟖−𝟐)(𝟖−𝟑)
    = 0.3724
    Therefore, we conclude that the distribution on the daily
    rates of employee is somewhat leptokurtic.

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