Mesokurtic

A term used in a statistical context where the kurtosis of a distribution is similar, or identical, to the kurtosis of a normally distributed data set. Kurtosis is a measure of a distribution’s peak, which means how much of the distribution is centered on the distributions mean.

The kurtosis coefficient of a normal distribution is 3.

Kurtosis is a measure of how extreme observations are in a data set. The greater the kurtosis coefficient, the more peaked the distribution around the mean is. Also, this distribution has fatter tails, which means there is an increase tail risk (extreme results).

When a distributions kurtosis coefficient is greater then 3, the distribution is leptokurtic, and when it’s less then 3, its platykurtic.


Investment dictionary. . 2012.

Look at other dictionaries:

  • mesokurtic — adjective said of a distribution if it has zero kurtosis Syn: mesokurtotic See Also: kurtosis, mesokurtosis …   Wiktionary

  • mesokurtic — meso·kur·tic …   English syllables

  • mesokurtic — | ̷ ̷ ̷ ̷|kərd.ik adjective Etymology: mes + Greek kyrtos bulging, convex, curved + English ic; akin to Latin curvus bent, curved more at crown : closely resembling a normal frequency distribution : neither leptokurtic nor platykurtic …   Useful english dictionary

  • Kurtosis — In probability theory and statistics, kurtosis (from the Greek word κυρτός, kyrtos or kurtos, meaning bulging) is any measure of the peakedness of the probability distribution of a real valued random variable.[1] In a similar way to the concept… …   Wikipedia

  • List of psychology topics — This page aims to list all topics related to psychology. This is so that those interested in the subject can monitor changes to the pages by clicking on Related changes in the sidebar. It is also to see the gaps in Wikipedia s coverage of the… …   Wikipedia

  • Pearson distribution — The Pearson distribution is a family of continuous probability distributions. It was first published by Karl Pearson in 1895 and subsequently extended by him in 1901 and 1916 in a series of articles on biostatistics. History The Pearson system… …   Wikipedia

  • Mid-range — For loudspeakers, see mid range speaker. In statistics, the mid range or mid extreme of a set of statistical data values is the arithmetic mean of the maximum and minimum values in a data set,[1] or: As such, it is a measure of central tendency.… …   Wikipedia

  • kurtosis — noun A measure of peakedness of a probability distribution, defined as the fourth cumulant divided by the square of the variance of the probability distribution. See Also: leptokurtosis, mesokurtosis, platykurtosis, excess kurtosis, mesokurtic,… …   Wiktionary

  • mesokurtosis — adjective The property of having zero kurtosis See Also: kurtosis, mesokurtic …   Wiktionary

  • Sample maximum and minimum — Box plots of the Michelson–Morley experiment, showing sample maximums and minimums. In statistics, the maximum and sample minimum, also called the largest observation, and smallest observation, are the values of the greatest and least elements of …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.