Technical Studies Reference
The general form or a quantity indicative of the general form of a statistical frequency curve near the mean of the distribution. The Excel help screens tell us that "kurtosis characterizes the relative peakedness or flatness of a distribution compared to the normal distribution. Positive kurtosis indicates a relatively peaked distribution. Negative kurtosis indicates a relatively flat distribution" (Microsoft, 1996).
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*Last modified Friday, 09th June, 2017.