What is meant by moments
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a quantity that expresses the average or expected value of the first, second, third, or fourth power of the deviation of each component of a frequency distribution from a given value, typically mean or zero. The first moment is the mean, the second moment the variance, the third moment the skew, and the fourth moment the kurtosis.
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a quantity that expresses the average or expected value of the first, second, third, or fourth power of the deviation of each component of a frequency distribution from a given value, typically mean or zero. The first moment is the mean, the second moment the variance, the third moment the skew, and the fourth moment the kurtosis.
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