Question

In kurtosis, the beta is greater than three and quartile range is preferred for
platykurtic
leptokurtic
mesokurtic
None of these​

Answer 1

In kurtosis, the beta is greater than three, and the quartile range is preferred for platykurtic.

Option (a) is correct.

Explanation:

• Kurtosis is a type of measurement in statistics.
• It differentiates between the heavy and normal tails of a distribution in a measurement.
• A large kurtosis is not considered favorable in investment as it can cause high-level risk.
• It is because there is a great probability associated with large kurtosis such as extremely small and large returns.