GATE (Graduate Aptitude Test in Engineering) Economics (XH-C1) Statistics, Econometrics and Mathematical Economics-Probability Theory Study Material (Page 2 of 65)
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Interquartile Range, Quartile Deviation and Coefficient of Quartile Deviation
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Interquartile Range
- Refers to the difference between the values of two quartiles.
- Interquartile Range
Quartile Deviation (Semi Interquartile Range)
- It is known as half of difference of upper quartile and the lower quartile
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Kurtosis
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Kurtosis
Kurtosis indicates the extent to which a distribution is more peaked or flat tapped than the normal curve.
Measures of Kurtosis
1. (Read as beta two)
2. Coefficient of Kurtosis (Read as gamma two)
Interpretation o…
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