Answer: Leptokurtic

## Explanation In statistics, kurtosis measures the "tailedness" and peakedness of a probability distribution compared to the normal distribution. There are three main types of kurtosis: 1. **Leptokurtic (Positive Kurtosis)**: A distribution that is more peaked than normal with fatter tails. Leptokurtic distributions have excess kurtosis greater than 0. 2. **Mesokurtic**: A distribution with kurtosis similar to the normal distribution. The normal distribution has a kurtosis of 3 (or excess kurtosis of 0). 3. **Platykurtic (Negative Kurtosis)**: A distribution that is less peaked than normal with thinner tails. Platykurtic distributions have excess kurtosis less than 0. Since the question asks for a distribution that is "more peaked than normal," the correct answer is **Leptokurtic**. **Key Points:** - Leptokurtic = More peaked, fatter tails - Mesokurtic = Normal distribution shape - Platykurtic = Less peaked, thinner tails This concept is important in quantitative methods for understanding distribution characteristics and risk assessment, particularly in finance where fat tails indicate higher probability of extreme events.

Author: LeetQuiz .