Experiment: 5: Aim: Theory
Experiment: 5: Aim: Theory
AIM: Introduce the concept of data moments and demonstrate it with specific dataset.
THEORY: In statistics, data moments refer to various characteristics or properties of a
dataset, typically expressed as summary statistics or mathematical expressions. These
moments provide insights into the distribution, central tendency, dispersion, and shape of the
data. The most common moments are the mean, variance, skewness, and kurtosis.
Variance measures the spread of the data points around the mean.
A positive skewness value indicates that the distribution is skewed to the right, meaning it has
a long right tail.
A negative skewness value indicates that the distribution is skewed to the left, meaning it has
a long left tail.
There are different formulas for calculating kurtosis, but a common one is the fourth moment
about the mean. It is often calculated as follows: