How does kurtosis relate to the tails of a distribution?
- Kurtosis does not relate to the tails of a distribution
- Kurtosis is a measure of the weight in the tails
- Kurtosis relates to the length of the tails
- Kurtosis relates to the width of the tails
Kurtosis is a statistical measure used to describe the distribution of observed data around the mean. It is a measure of the heaviness of the tails of a distribution. A high kurtosis in a data set is a signal that data has heavy tails or outliers.
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