What is kurtosis?

Updated May 17, 2026

Short answer

Measures tail heaviness of distribution.

Deep explanation

High kurtosis indicates heavy tails and outliers.

Real-world example

Financial returns often show high kurtosis.

Common mistakes

  • Confusing kurtosis with peakedness only.

Follow-up questions

  • What is leptokurtic?
  • What is platykurtic?

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