The document discusses kurtosis, which refers to the peakedness of a distribution. It presents formulas for calculating kurtosis from both ungrouped and grouped data. As an example, it computes the kurtosis from a set of ungrouped data and determines that the distribution is platykurtic, with a kurtosis value less than 3. It also computes the kurtosis from a set of grouped data and again finds the distribution to be platykurtic.