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Analytically Yours:On Tails


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1 Indian Institute of Management, Ahmedabad, Gujarat, India
     

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This article is about tails. Not only animals have tails, but probability distributions have tails too. We will be discussing the tails of probability distributions in this article. In recent times, we have heard about different kinds of tails of probability distributions such as light tail, heavy tail, and long tail. What are these and what should we know about them? This article aims to give a glimpse.
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  • Analytically Yours:On Tails

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Authors

Arnab Kumar Laha
Indian Institute of Management, Ahmedabad, Gujarat, India

Abstract


This article is about tails. Not only animals have tails, but probability distributions have tails too. We will be discussing the tails of probability distributions in this article. In recent times, we have heard about different kinds of tails of probability distributions such as light tail, heavy tail, and long tail. What are these and what should we know about them? This article aims to give a glimpse.