Kurtosis is a measure that allows us to obtain information about the tails of a distribution with respect to its overall shape. Distribution tails mostly occur as a result of rare events.
Such events are not observed frequently but can have important consequences if underestimated. When selling property insurance, for example, an insurer would be primarily interested in the distribution tails.
This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Statistician, Business Intelligence Analyst, Data Scientist, Portfolio Manager, or Risk Manager.
You can now download the Excel template for free.
Kurtosis is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.