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(d) Explain what is meant by the term leptokurtic. (5 marks) (e) The graph below is the output from the autocorr() function in matlab. Explain

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(d) Explain what is meant by the term leptokurtic. (5 marks) (e) The graph below is the output from the autocorr() function in matlab. Explain the purpose of this test and describe what the above result indicates about the data being tested. Sample Autocorrelation Function 1 0.8 0.6 0.4 Sample Autocorrelation 0.2 -0.2 -0.4 -0.6 0 2 4 6 8 12 14 16 18 20 10 Lag 1

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