How do you comment on the shape of the distribution regarding spread and peakedness?
What are the measures used for commenting? Explain
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Answer:
kurtosis for peakness and skewness for spread
Step-by-step explanation:
Kurtosis -
❑ The degree of flatness or peakedness is measured by kurtosis.
❑ It tells us about the extent to which the distribution is flat or peak
❑ The normal curve is called Mesokurtic curve.
❑ If the curve of a distribution is more peaked than a normal or Mesokurtic curve then it is referred to as a Leptokurtic curve.
❑ If a curve is less peaked than a normal curve, it is called as a Platykurtic curve.
Skewness -
Skewness is a measure of the asymmetry of the probability distribution of a random variable about its mean.
In other words, skewness tells you the amount and direction of skew.
The skewness value can be positive or negative, or even undefined.
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