Using higher moments to your advantage: Kurtosis

Or "can daedalean words actually help make more accurate descriptions of your random variable? Part 1: Kurtosis Is a common belief that gaussians and uniform distributions will take you a long way. Which is understandable if one considers the law of large numbers: with a large enough number of trials, the mean converges to the expectation. … Continue reading Using higher moments to your advantage: Kurtosis