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Measure |
Definition |
Expression(s) |
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Skewness, α3 |
If a frequency distribution is unimodal and symmetric about the mean it has a skewness of 0. Values greater than 0 suggest skewness of a unimodal distribution to the right, whilst values less than 0 indicate skewness to the left. A function of the 3rd moment about the mean (denoted by α3 with a ^ symbol above it for the sample skewness) |
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Kurtosis, α4 |
A measure of the peakedness of a frequency distribution. More pointy distributions tend to have high kurtosis values. A function of the 4th moment about the mean. It is customary to subtract 3 from the raw kurtosis value (which is the kurtosis of the Normal distribution) to give a figure relative to the Normal (denoted by α4 with a ^ symbol above it for the sample kurtosis) |
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