Sign of kurtosis near the QCD critical point

When one or more data points appear far from the rest of the data, there is a need to determine whether they are outliers and whether they should be eliminated from the data set to ensure an accurate representation of the measured value. In many cases, outliers arise from gross errors (or human errors) and do not accurately reflect the underlying phenomenon. In some cases, however, these apparent outliers reflect true phenomenological differences. In these cases, we can use statistical methods...

Central tendency refers to the central point or typical value of a dataset. It summarizes the data set with a single value that represents the center of its distribution. The three main measures of central tendency are:
Mean: The arithmetic average of all data points. It is calculated by adding all the values together and dividing by the number of values. The mean is sensitive to extreme values (outliers).
Median: The middle value when the data points are arranged in ascending or descending...

Consider a curve representing sample data drawn randomly from a normally distributed population. One must construct confidence intervals to estimate or to test a claim regarding the population standard deviation. For example, a 95% confidence interval covers 95% of the area under the curve, and the remaining 5% is equally distributed on either side of the curve. To achieve such confidence intervals, one must determine the critical values. The critical values are simply the values separating the...

A standard box and whisker plot informs us about the spread of the data in a given sample. One can identify the minimum value, maximum value, first quartile value, second quartile or median value, and third quartile.
However, the box plot does not tell the reader about outliers - values that lie far from the center of the data. We can modify the standard box and whisker plot to identify the outliers and visualize the actual spread of the data in a sample.
Initially, we calculate the adjusted...

Sometimes, a data set can have a recorded numerical observation that greatly  deviates from the rest of the data. Assuming that the data is normally distributed, a statistical method called the Grubbs test can be used to determine whether the observation is truly an outlier.  To perform a two-tailed Grubbs test, first, calculate the absolute difference between the outlier and the mean. Then, calculate the ratio between this difference and the standard deviation of the sample. This number is...

The critical region, critical value, and significance level are interdependent concepts crucial in hypothesis testing.
In hypothesis testing, a sample statistic is converted to a test statistic using z, t, or chi-square distribution. A critical region is an area under the curve in  probability distributions demarcated by the critical value. When the test statistic falls in this region, it suggests that the null hypothesis must be rejected. As this region contains all those values of the test...