CFA Level I Quant - Skewness and Kurtosis in Returns Distributions

This is an excerpt from our comprehensive animation library for CFA Level I candidates. For more materials to help you ace the CFA Level I Exam, head on down to prepnuggets.com.

[@anshikasingh5822]

I didn't expect that I'll be done with both these concepts within 7 minutes. Thank you so much!!

[@ram8976]

Thank you!! Idk why I understand more from UA-cam videos than academic lectures :(

[@aniketkhairnar4464]

true

[@jessiesun2002]

what a big fat mood honestly :(

[@sarangkashalkar1851]

You just answered all my questions in 7 minutes! Thank you!

[@lukas4132]

Finally I found a source that explained excess kurtosis vs normal one. Tha ks

[@mshudoma]

Best video I found for this topic!
Great video!

[@nessyhere]

Thank you so much for this short video that explains ALL I have to know in just 7 minutes. Excellent job!

[@rik43]

Perfect explanation, very fast and clear!

Wooow!! Perfect Explanation! Thank you so much!!

[@margaretamoateng6319]

THIS VIDEO IS UNDERRATED
THANK YOU SO MUCH

[@richardgordon]

Really good!! Well explained!

[@thanushpranesh1831]

Wow,short and clear explanation 🎉🎉🎉🎉

[@ahmedelkhadragy9112]

Excellent explanation. Thank you.

[@jevinkothari4475]

7 minutes😍 That was amazing

[@kanchithakkar8471]

Amazing explanation

[@holaola626]

amazing !!! appreciated that....от души !

[@juliecongress6278]

Very clearly explained.

[@arvindmathur5556]

Very good. Also loved the animation!

[@lawrencetaulk7898]

fantastic education. love it.

[@hkalah777]

Great video!!!!

[@davinwu7442]

Best video ever

[@rumanbhatti7771]

great video , thanks!!!

[@ling6701]

amazing animations, and clear explanations, thank you.

[@rainniwkw]

Thank you so much for your video ❤️

[@giammi2256]

Insanely good! Thx!

[@SalmaAlhajri-l2j]

Why did we use only n instead of (n-1) since it’s sample?

[@skanowar5182]

Thank you for this video.

[@abdullahalshamsan9159]

thanks a lot!

[@sarvesh_7736]

Shouldn't area under the curve be same in all distributions? The platykurtic distribution seems to have smaller tail ends as well as smaller peak than the mesokurtic distribution which would mean that the area under the curve is smaller.
This was the only thing I didn't understand but apart from that, this video is amazing!

[@peterwestfall6924]

But there are low, perfectly flat-topped distributions with very high kurtosis, and there are symmetric, infinitely peaked distributions with very low kurtosis. So how can it be said that Kurtosis measures peakedness or flatness?

[@valentinechebet5985]

Thank you

[@niceguy4801]

Thankyou sir!

[@sukursukur3617]

Why do we calculate standard deviation by using mean? Namely, why dont we use mode instead of mean?

[@yousfoss4367]

Thks a lot

[@villwang8005]

can curtosis be exactly 0?

[@ritdhar6579]

Yes in mesokurtic

[@kanchithakkar8327]

Amazing explanation

[@lesegomokgabudi5798]

Thank you

[@ebenezeryeboah7090]

Thank you

[@PrepNuggets]

You're welcome