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Basic Question 2 of 4
Which of the following statements is true?
B. A leptokurtic distribution is one that is less peaked than a normal distribution.
C. A leptokurtic distribution will have an excess kurtosis greater than 0.
D. A platykurtic distribution will have an excess kurtosis greater than 0.
A. A platykurtic distribution is one that is more peaked than a normal distribution.
B. A leptokurtic distribution is one that is less peaked than a normal distribution.
C. A leptokurtic distribution will have an excess kurtosis greater than 0.
D. A platykurtic distribution will have an excess kurtosis greater than 0.
User Contributed Comments 4
| User | Comment |
|---|---|
| bidisha | how to understand intuitively |
| jasonkwk | leptokurtic means pull up the whole normal distribution , causing " fat tail" means extreme event likely to happen like the 1987 market crash which happen at 20SD from the means. |
| Yrazzaq88 | L for Large = Lepto Large = Greater than 0 |
| michaeloa3 | I think of lepto like Leap as in high or platy as in "plate", which is flat |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
interpret kurtosis;
CFA® 2024 Level I Curriculum, Volume 1, Module 2.