USEFUL OR TRASH? Kurtosis and Skewness [WATCH THIS, BEFORE YOU USE]

The video not only explains the concept of Kurtosis and Skewness using examples but also motivates you to think about applications of the concepts in real-life scenarios. The video also provides a comparative perspective on the historical and new definition of Kurtosis. The video provides a perspective to think whether Kurtosis and Skewness are useful Statistical parameters to study. It also, enables you to gain a fair understanding on why and where we could use Kurtosis and Skewness.
Time stamps:
00:00 : Introduction
01:06 : Definition of Skewness
01:30 : Definition of Kurtosis (Historical)
01:44 : Need for Measures of Shape
02:40 : What is Skewness? Types of Skewness.
04:23 : Is Skewness useful? Skewness equation and limitations
06:22 : What is Kurtosis? Old/New definition. Types of Kurtosis.
08:06 : Kurtosis equation, limitations and Excess Kurtosis
11:07 : Is Kurtosis useful? Applications
12:35 : Announcement and Wrap-up
Links to the papers on Kurtosis:
Peter H. Westfall (2014) Kurtosis as Peakedness, 1905-2014. R.I.P., The American Statistician, 68:3, 191-195, DOI: 10.1080/00031305.2014.917055
www.ncbi.nlm.nih.gov/pmc/arti...
Kaplansky, I. (1945). A common error concerning kurtosis. Journal of the American Statistical Association, 40, 259. doi.org/10.2307/2280139
Links to Tutorials:
Playlist for Probability Distribution:
• Probability Distributi...
Application of Mean, Median and Mode:
• Application of Mean, M...
Measures of Spread in Real Life:
• Measures Of Spread In ...
The channel is agenda-free and not sponsored by anyone. If you appreciate the content and want to support the channel you can always 'buy me a coffee' by clicking on the link below:
www.buymeacoffee.com/learning...
Connect with me on -
Facebook : / learningpuree
Twitter : / learningpuree
Instagram : / learningpuree

[@ashma5verma]

Thanks for these videos. I am able to understand concepts through these only. Please make a video on measures of association. I am pursuing a course in analytics and your videos are a major source of understanding

[@LearningPuree]

There are videos planned ahead and association will get covered. However, something closer and sometimes used as part of measuring association is correlation. A video already exists for it. You could have a look.

[@swatiphatak6764]

That was a long time coming Learning Puree, have been waiting for your video

[@LearningPuree]

More to come soon!

[@sharlmagnehenry]

Thank you sir! Great video!

[@LearningPuree]

Glad it was helpful!

[@adza2384]

Awesome video sir... Very helpful for my subjects and knowledge... Waiting for upcoming videos...

[@LearningPuree]

Thanks. Glad you liked it. New video is already uploaded.

[@abhisheksingh-zl6ly]

Great Content..

[@LearningPuree]

Thanks Abhishek. Happy that you liked the content. More to follow. Do subscribe.

[@yuvraj4433]

Thankyou so so much sir

[@LearningPuree]

Most welcome!

[@nilanjana1588]

Well explained

[@LearningPuree]

Thanks

[@MrAnkushsardana]

you are the best ..💯🙏🙏🙏

[@LearningPuree]

I appreciate that!

[@mdmahmudulhasanmiddya9632]

U r genius sir

[@LearningPuree]

👍

[@mukulsoni8739]

Sir Your video is so good but time gap between two videos is so large I only like to learn from you
So sir please upload videos as soon as possible

[@LearningPuree]

Mukul, it takes up time to get the videos ready amongst all the activity planned for the channel. But, yes will try to get them released as soon.

[@mukulsoni8739]

@@LearningPuree Thanks sir I respect your work and your time
Try well✨

[@e555t66]

Compuation is really cheap these days. Would it still be considered excessive to calculate them?

[@LearningPuree]

It is not a case of cost of computing power. It is whether one wants to invest extra time in computation. Instead, using visualization and SD can provide an enriched outcome. For kurtosis, it depends from case-to-case.

[@anantdate8440]

👍

[@LearningPuree]

👍

[@anushaadhan4186]

👍

[@LearningPuree]

👍