jm + deviation + variance   1

Fat Tails
Nice d3.js demo of the fat-tailed distribution:
A fat-tailed distribution looks normal but the parts far away from the average are thicker, meaning a higher chance of huge deviations. [...] Fat tails don't mean more variance; just different variance. For a given variance, a higher chance of extreme deviations implies a lower chance of medium ones.
dataviz  via:hn  statistics  visualization  distributions  fat-tailed  kurtosis  d3.js  javascript  variance  deviation 
july 2013 by jm

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