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Definition of "kurtosis" []

  • The general form or a quantity indicative of the general form of a statistical frequency curve near the mean of the distribution. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "kurtosis" in a sentence
  • "Moreover, the central limit theorem of probability theory does not apply in this context because empirical evidence shows that a constant standard deviation is an inaccurate measure of investment risk, due to the fact that investment performance, is typically skewed and exhibits kurtosis."
  • "I presume there was minimal kurtosis in these distributions."
  • "There is a kurtosis measure, a fourth moment as standard deviation is a second moment, for this variation."