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AwZ m~Puvj
(Leptokurtic)
ga¨g m~Puvj
(Mesokurtic)
AbwZ m~Puvj
(Platykurtic)
μ1 μ1' −μ1' =0
2
μ2 μ2' −¿ ( μ 1' )
3
μ3 μ3' −3 μ1' μ2' +2 ( μ 1' )
2 ' 4
μ4 μ4 ' −4 μ1' μ 3' +6 ( μ 1' ) μ2 −3 ( μ 1' )
6. Measures of Kurtosis:
Method Rules
Kurtosis (mvaviYZ ( i )bs m~ÎwUB ( ii ) γ 2=β 2−3
μ4
e¨envi nq) ( i ) β 2=
μ22
1
"It is advisable to use γ 1as a measure of skewness." [Gupta & Gupta (18e), p. 190]
Business Statistics 49
Skewness Kurtosis
Value Comments Value Comments
γ 1= positive value Distribution is positively skewed β 2> 3 Distribution is
leptokurtic
β 2< 3 Distribution is
platykurtic
[Comment: Since the value of γ 1 is positive, the distribution is positively skewed.
Problem -1 [BBA Hons 2nd Year 2011, 2015 (MRK)] Calculate the first four moments
about mean from the age of five labours: Age (in years): 25, 27, 30, 31, 33.
Calculation of Moments
Age( x) ( x−x́ ) ( x−x́ )2 ( x−x́ )3 ( x−x́ )4
25 -4.2 17.64 -74.088 311.1696
27 -2.2 4.84 -10.648 23.4256
30 0.8 0.64 0.512 0.4096
31 1.8 3.24 5.832 10.4976
33 3.8 14.44 54.872 208.5136
∑ x =¿ ¿ ∑ ( x− x́ ) = ∑ ( x− x́ )2 = ∑ ( x− x́ )3 = ∑ ( x− x́ ) 4 =
146 0 40.8 -23.52 554.016
μ1
¿
∑ (x− x́ )¿ 0 ¿0
N 5
μ2 ∑ ( x− x́ )¿2 40.8 ¿ 8.16
¿ 5
N
50 Chapter 3.2 : Moment, Skewness & Kurtosis
Problem -2: Determine the first four moments about mean from the age of
five workers:
Problem-3: Calculate the first four moments about mean from the age of five
students:
Problem -4 [NU 2nd Year 2015 (Finance)] Calculate the first four moments from the
following data:
Age (in years): 15, 17, 20, 21, 23.
Problem-5: Calculate the first four moments about mean from the following
information:-
Population in 2 3 4 5 6 7
family
Number of family 200 300 400 150 100 50
Calculation of Moments
x f fx ( x−x́ ) f ( x− x́ ) f ( x− x́ )2 f ( x− x́ )3 f ( x− x́ )4
Business Statistics 51
μ1
¿
∑ f ( x −x́)¿ 0 ¿0
N N
μ2 ∑ f ( x − x́)2¿ 2066.667 ¿ 1.72
¿ 1200
N
μ3 ∑ f ( x − x́)3¿ 1438.889 ¿ 1.20
¿ 1200
N
μ4 ∑ f ( x − x́)4¿ 9913.889 ¿ 8.26
¿ 1200
N
Problem-6: Calculate the first four moments about mean from the following
information:-
Population in 2 3 4 5 6 7
family
Number of family 210 300 350 100 70 40
2 3 4
Problem: 7 [NU 2nd Year 2016 (Acc)] Calculate the skewness and kurtosis from the
following information and comment on the result:-
Population in 2 3 4 5 6 7
family
52 Chapter 3.2 : Moment, Skewness & Kurtosis
We know, We know,
Karl Pearson’s Co-efficient of Skewness, μ4 9.64 9.64
μ3 Kurtosis, β 2= ¿ = =2.51
1.96 3.8416
2 2
γ 1= μ2
3
√μ 2
1.27 1.27
¿ = =.46
√1.96 3 2.744
Comment: Since the value of γ 1 is positive, the Comment: Since the value of β 2 is less than 3, the
distribution is positively skewed. distribution is platykurtic.
Population in 2 3 4 5 6
family
Number of family 200 300 400 260 100
Problem: 9 [NU 2nd Year 2017 (Acc)] Table for wages of 240 workers are given
below:-
Wages (Tk.) 10001200 12001400 14001600 16001800 18002000 20002200 22002400 24002600
No. of Workers 12 18 35 42 50 45 30 8
Required:
(i) Calculate co-efficient of skewness.
(ii) Comment on the result.
Problem: 12 [NU 2000] Calculate skewness from the following data and
comment on the result:
Monthly income 40-50 50-60 60-70 70-80 80-90
(Tk)
No. of employees 13 12 6 5 4
Problem: 18 [NU 2nd Year 2016 (Acc)] Find out the co-efficient of variation of a
frequency distribution, given that its mean is 125, mode is 130 and Karl
Pearson's co-efficient of skewness is 0.25. [ hints: CV =16 ]
Problem: 19 [NU 2nd Year 2015 (MRK)] For the distribution, Mean=60, Median
= 70 and co-efficient of Sk = 0.5. Find the Mode and CV.
Problem: 24 [NU 2nd Year 2016 (MRK; same as Gupta & Gupta (18 e), p. 191]
The first four moments of a distribution about the value 5 are 2, 20, 40, and 50
Business Statistics 55
respectively. Obtain the first four central moments, β 1 , and β 2. Comment on the
skewness and kurtosis of the distribution.
Problem- 25: The first four moments of a distribution about the value 10 are
4, 40, 80, and 100 respectively. Obtain the first four central moments, β 1 , and
β 2. Comment on the skewness and kurtosis of the distribution.
Problem: 26 [NU 2nd Year 2017 (Acc)] The first four moments are 0, 7.1, 36.2
and 408.7 respectively. Calculate skewness and kurtosis and comment on the
results.