Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 0 of 11
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 |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
interpret and evaluate measures of skewness and kurtosis to address an investment problem
CFA® 2025 Level I Curriculum, Volume 1, Module 3.