Hi, could someone tell me what the ‘absolute’ skew and kurtosis values are in terms of SPSS output please? I understand you get the z-scores from doing skew/skew.error and same with kurtosis, but I do not know
For the sake of simplicity, we will limit our discussion to moments of order 3 (skewness) and order 4 (kurtosis), as higher order ones have no easy intuitive economic interpretation. Note that there are different definitions of skewness and kurtosis in the finance literature. In the following...