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.

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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