CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Which of the following statements is true?

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.
Correct Answer: C

A leptokurtic 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
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