Question
Economics Question on Random variables
For a random variable X, E(X-μ)4 = 16 [where μ = E(X)] and E(X-μ)2 = 2. What is the value of Kurtosis for this variable?
A
4
B
8
C
2
D
1
Answer
4
Explanation
Solution
The correct answer is (A) : 4.
For a random variable X, E(X-μ)4 = 16 [where μ = E(X)] and E(X-μ)2 = 2. What is the value of Kurtosis for this variable?
4
8
2
1
4
The correct answer is (A) : 4.