IPA: /kɜːrˈtoʊsɪs/
KK: /kɜrˈtoʊsɪs/
A measure in statistics that describes the shape of a distribution's peak, indicating how much of the data is concentrated around the mean compared to a normal distribution.
In statistics, kurtosis helps to understand the distribution of data points in relation to the mean.
Kurtosis → It is derived from the Greek word "kurtos" (meaning bulging or curved) and the suffix "-sis" (meaning process or condition). The term kurtosis refers to the condition of a distribution's shape, particularly its tails and peak, indicating how much the shape deviates from a normal distribution.
Think of 'kurtos' meaning 'curved' to remember that 'kurtosis' describes the condition of a distribution's shape, especially how it bulges or peaks.