Reputation:
i have generated random variable according to normal distribution in excel using technique of analysis toolpak
what i need to know is that why kurtois of this normal variable is not equal to 3? here excel formula for calculation of kurtois
=KURT(A2:A2001) and its corresponding value is equal to `0.14521546`
does it mean that 3 is only in case of infinity sample ? and for specific amount of sample range of amplitudes of kurtois varies between -1 and 1? here is also formula for calculation skewnes
=SKEW(A2:A2001)
-0.006510255
thanks in advance
Upvotes: 0
Views: 55
Reputation: 19
Excel's KURT() function calculates excess kurtosis which is kurtosis-3.
Therefore it should be around 0 for a normally distributed random variable like in your case.
Upvotes: 1