What is kurtosis in a data set, and how does it inform about the data distribution?
- Kurtosis measures the "tailedness" of a distribution
- Kurtosis measures the central tendency of a distribution
- Kurtosis measures the shape of a distribution's peak
- Kurtosis measures the spread of a distribution
Kurtosis is a measure of the "tailedness" or shape of the tails of a distribution. It informs about the presence of outliers and the sharpness of the distribution's peak.
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