4 Ways to Measure Fat Tails with Python - Example Code and Analysis

4 Ways to Measure Fat Tails with Python - Example Code and Analysis

Explore four methods for quantifying fat tails in data distributions using Python in this 23-minute video tutorial. Learn about the Power Law Tail Index, Kurtosis, Log-normal's σ, and Taleb's κ as heuristics for measuring fat-tailed phenomena. Follow along with example code analyzing real-world social media data to gain practical insights into implementing these techniques. Discover how to apply these methods to your own datasets and understand their implications for risk assessment and statistical analysis.