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Kurtosis
- It is a concept, which refers to the degree of peakedness of a described frequency distribution. The degree is generally measured along with reference to general distribution.
- The concept of kurtosis is extremely useful in decision making processes that is if is a frequency distribution happens to have either a higher peak or a lower peak, then it must not be employed to make statistical inferences.
- Commonly there are three types of kurtosis that is:
i. Platykurtic
ii. Leptokurtic
iii. Mesokurtic
Before we look at this, let us learn what a multiple is. Take any number say 3. Multiply this number with natural numbers. We obtain 3, 6, 9, 12, 15, 18,.........
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Universal set The term refers to the set which contains all the elements such an analyst wishes to study. The notation U or ξ is usually used to denote universal sets.
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