What kurtosis tells you about a distribution
Kurtosis measures how heavy the tails of a distribution are compared with a normal distribution. A high value signals that extreme observations appear more often than a bell curve would predict, and a low value signals that they are rarer. It is often described as peakedness, but the tails drive the number, which is why analysts look at kurtosis when assessing outlier risk in finance, quality control and model residuals.
Paste your data as numbers separated by commas, spaces or new lines. The calculator returns the mean, population and sample standard deviation, population kurtosis, excess kurtosis, and the bias-corrected sample excess kurtosis that matches the Excel KURT function. It then labels the shape as leptokurtic, mesokurtic or platykurtic using cut-offs of plus or minus 0.5, a rule of thumb rather than a formal test.
Formula and variables
Population kurtosis: g2 = m4 / m2², and excess kurtosis is g2 − 3.
- m2 is the mean of squared deviations from the mean.
- m4 is the mean of fourth-power deviations.
- A normal distribution has g2 = 3, so its excess kurtosis is 0.
The sample version is G2 = [n(n+1) / ((n−1)(n−2)(n−3))] Σz4 − 3(n−1)² / ((n−2)(n−3)), where z uses the sample standard deviation. It requires at least four values.
Worked example
Take the data 2, 4, 4, 4, 5, 5, 7, 9 (n = 8).
- Mean = 40 / 8 = 5. Deviations: −3, −1, −1, −1, 0, 0, 2, 4.
- Squares sum to 32, so m2 = 4 and the population standard deviation is 2.
- Fourth powers sum to 356, so m4 = 44.5.
- g2 = 44.5 / 16 = 2.7813; excess = −0.2188.
- Sample SD = sqrt(32/7) = 2.1381; Σz4 = 356 / 4.5714² = 17.035.
- G2 = 0.342857 × 17.035 − 4.9 = 0.9406.
The calculator prints the same numbers. The population and sample answers differ in sign, and the tool labels the shape Leptokurtic based on the sample figure, a reminder that small samples give unstable kurtosis.
Common mistakes and how to interpret the result
- Comparing raw and excess values. A raw kurtosis of 3 is normal; an excess of 3 is heavy-tailed. Check which convention a source uses.
- Trusting small samples. With fewer than about 30 values, one point can swing kurtosis sharply.
- Equating high kurtosis with a tall peak. It reflects tail weight; a flat distribution with a few outliers can still score high.
- Ignoring skewness. Check skewness alongside kurtosis, since both describe departures from normality.
Related calculators
- Skewness Calculator
- Standard Deviation Calculator
- Normal Distribution Calculator
- Descriptive Statistics Calculator
Frequently Asked Questions
What is excess kurtosis?
Why do the population and sample results differ?
How many data points do I need?
Are the leptokurtic and platykurtic labels formal?
Common Tip Percentages
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| Restaurant (sit-down) | 15–20% | 20%+ for exceptional service |
| Food delivery | 10–20% | Consider extra for long distances |
| Taxi / rideshare | 10–20% | More for assistance with luggage |
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General Household Budget Ratios (50/30/20 Rule)
| Category | % of Net Income | Examples |
|---|---|---|
| Needs | 50% | Rent, groceries, utilities, insurance |
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| Savings / Debt | 20% | Emergency fund, retirement, extra payments |
Common Measurement Conversions for Everyday Use
| Quantity | US / Imperial | Metric Equivalent |
|---|---|---|
| 1 cup | 8 fl oz | 237 mL |
| 1 pint | 16 fl oz | 473 mL |
| 1 quart | 32 fl oz | 946 mL |
| 1 gallon | 128 fl oz | 3.785 L |
| 1 lb | 16 oz | 453.6 g |
| 1 ft | 12 in | 30.48 cm |