5.3 Skewness and Kurtosis

 

Skewness - Measure of relative symmetry. Zero indicates symmetry. The larger its absolute value the more asymmetric the distribution. Positive values indicate a long right tail, and negative values indicate a long left tail.

Skewness = 0

 

Skewness > 0

 

Skewness < 0

Kurtosis - Measure of the relative peakedness of a distribution.

K = 3 indicates a normal “bellshaped” distribution (mesokurtic).

K < 3 indicates a platykurtic distribution (flatter than a normal distribution with shorter tails).

K > 3 indicates a leptokurtic distribution (more peaked than a normal distribution with longer tails).


K = 3 indicates a normal “bellshaped” distribution (mesokurtic).

 

K < 3 indicates a platykurtic distribution.

 

K > 3 indicates a leptokurtic distribution.

 

Number of modes = 2 indicates a bimodal distribution.

3/11