In finance, a leptokurtic distribution shows that the investment returns may be prone to extreme values on either side. The leptokurtic distribution shows heavy tails on either side, indicating large outliers. Leptokurtic indicates a positive excess kurtosis. This means that if the data follows a normal distribution, it follows a mesokurtic distribution. Mesokurticĭata that follows a mesokurtic distribution shows an excess kurtosis of zero or close to zero. The excess kurtosis can take positive or negative values, as well as values close to zero. The types of kurtosis are determined by the excess kurtosis of a particular distribution. Therefore, the excess kurtosis is found using the formula below:Įxcess Kurtosis = Kurtosis – 3 Types of Kurtosis The kurtosis of a normal distribution equals 3. What is Excess Kurtosis?Įxcess kurtosis is a metric that compares the kurtosis of a distribution against the kurtosis of a normal distribution. On the other hand, a small kurtosis signals a moderate level of risk because the probabilities of extreme returns are relatively low. A large kurtosis is associated with a high risk for an investment because it indicates high probabilities of extremely large and extremely small returns. In finance, kurtosis is used as a measure of financial risk. Skewness essentially measures the symmetry of the distribution, while kurtosis determines the heaviness of the distribution tails. However, the two concepts must not be confused with each other.
In other words, kurtosis identifies whether the tails of a given distribution contain extreme values.Īlong with skewness, kurtosis is an important descriptive statistic of data distribution. It seems too overwhelming for me to get started getting my house together that I just go to sleep since I never have anyone over it is easy to ignore.Kurtosis is a statistical measure that defines how heavily the tails of a distribution differ from the tails of a normal distribution.
#XCLEAN VS EXCESS TV#
Between you and the Fly Lady I am trying to get myself together but all I want to do when I am at home in sleep in my recliner and watch TV and look at Facebook. Now I have a very cluttered and messy house. I guess I don’t get it in my own life being a single person withouty own family. I can’t seem to say no to buy stuff that gives me that “feel good” feeling. I am currently waiting for my next pair of Ruka shoes that are on the way in the mail. If I like a brand of something I buy more of that item in every color. I have a habit of wanting bling on my clothes and buy those too.
I don’t do heels but have many pair of Skechers, Ryka and my favorite Kohl’s Sole Sensability. I also buy shoes that feel good on my feet. If I want to feel pretty I buy makeup and jewelry. If I want to feel warm and cared for I buy comfort items like soft throws., socks, fuzzy socks, flannel pants etc. Which means I don’t need to keep the extra extra pair.ĭoes even the thought of decluttering overwhelm you? Sign up for my newsletter and get my reality-tested decluttering solutions delivered to your inbox for free. Oh, don’t worry, I came up with all sorts of scenarios where I’d be glad to have that extra, extra-nasty pair.īut then I realized that in all of the time when my now-old pair was my new pair, I never once cried over not having an extra extra pair. Only the number of shoes in my house increased.
No, this didn’t occur to me when I bought my new shoes and started wearing them instead of my old (but not old OLD) ones.īut as I filled up the shoe-shelf ( a CONTAINer), I realized my space available hadn’t increased with the purchase of new shoes. And that was when I realized I now had two extra pairs of tennis shoes. (Especially since I’ve actually been working out.)Īs I was getting our gameroom back in order after the summer, I had to work on the Sea of Shoes in there. Part of that is because my frugality doesn’t exactly match my extra-wide, high-arched footsize. Like, comparable to buying a car or a house. Life happens, and it’s good to have an extra pair of tennis shoes.Įvery time I buy new tennis shoes I feel like I’ve made a HUGE purchase. Yard work, muddy camping trips, the (very real) threat of falling off the boat while on a fishing trip. Everyone needs an extra pair of tennis shoes, right?
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