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Skew & Kurtosis

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Uploaded by on Mar 31, 2008

I illustrate how to manually calculate skew and kurtosis with Google's daily price data from 2007. The point is the variance, skew and kurtosis are each related MOMENTS of the distribution. A normal distribution has skew = 0 and kurtosis = 3

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  • Good stuff, good stuff. Making my risk-filled life 95% easier

  • What the heck is a kurtosis?

  • Loving u, my mentor always!

  • Loving u, my mentor always!

  • Any way I could get a copy of this spreadsheet?

  • Any way I could get a copy of this spreadsheet?

  • What are the 'moments'?

  • I don't know if its applied here... but the mean of that normal distribution is not just µ (the arithmatic mean), but µ-s²/2 where s = stdev... like it saids in Hull's book on derivatives...

  • my mentor forever, thank you

  • thank you so much, so much clearer than my book haha

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