What does kurtosis mean?
A measure of the 'tailedness' or 'peakedness' of the probability distribution of a real-valued random variable, with positive kurtosis indicating a distribution with heavier tails and negative kurtosis indicating a distribution with lighter tails.
Example
"The researcher used kurtosis to analyze the distribution of stock prices and determine the likelihood of extreme events."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.