How does platykurtic kurtosis shape the data distribution?
- It results in a distribution with heavier tails and a flatter peak.
- It results in a distribution with lighter tails and a flatter peak.
- It results in a distribution with lighter tails and a higher peak.
- It results in a perfectly symmetrical distribution.
Platykurtic kurtosis results in a data distribution that has lighter tails and a flatter peak compared to a normal distribution. This indicates a lower frequency of extreme values or outliers.
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