Why is t distribution leptokurtic? It lies below normal and approcahes standard normal as degree of freedom increases so it should be platykurtic.
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"Leptokurtic distributions are statistical distributions with kurtosis greater than three. It can be described as having a wider or flatter shape with fatter tails" – wasn't me Jul 05 '22 at 13:34
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But peak of leptokurtic distributions are above normal and peak of t distribution is below normal – Ankita Goyal Jul 05 '22 at 13:45