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

Рет қаралды 8,596

Күн бұрын

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 ...
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www.buymeacoffee.com/learning...
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Пікірлер: 27

@ashma5verma 3 жыл бұрын

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 3 жыл бұрын

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 3 жыл бұрын

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

@LearningPuree 3 жыл бұрын

More to come soon!

@sharlmagnehenry Жыл бұрын

Thank you sir! Great video!

@LearningPuree Жыл бұрын

Glad it was helpful!

@adza2384 2 жыл бұрын

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

@LearningPuree 2 жыл бұрын

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

@yuvraj4433 4 ай бұрын

Thankyou so so much sir

@LearningPuree 4 ай бұрын

Most welcome!

@abhisheksingh-zl6ly Жыл бұрын

Great Content..

@LearningPuree Жыл бұрын

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

@nilanjana1588 Жыл бұрын

Well explained

@LearningPuree Жыл бұрын

Thanks

@MrAnkushsardana 6 ай бұрын

you are the best ..💯🙏🙏🙏

@LearningPuree 6 ай бұрын

I appreciate that!

@mdmahmudulhasanmiddya9632 2 жыл бұрын

U r genius sir

@LearningPuree 2 жыл бұрын

👍

@mukulsoni8739 3 жыл бұрын

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 3 жыл бұрын

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 3 жыл бұрын

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

@e555t66 3 ай бұрын

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

@LearningPuree 3 ай бұрын

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.