Kurtosis

As I blogged previously, entrepreneurs need to understand kurtosis. It's
peakiness of a distribution.

If you have two data distributions: distribution A = {1, 2, 5, 15, 100, 15, 5, 2, 1} and distribution B = {1, 2, 4, 7, 10, 7, 4, 2, 1} they would both be even distributions but a would be more kurtotic.

If you're interested in knowing more go to Wikipedia or to any statistics textbook and they'll explain it. Entrepreneurs need to understand this concept so they have a vocabulary to discuss data and can think about the structure of data.

Entrepreneurship is the life's blood of all my professional activities. It makes them go. And go read my mystery for free at wwww.kearneymusicschoolmurders.blogspot.com or buy it from Amazon.com more cheaply than you can print it out.