This document defines and explains skewness and kurtosis. Skewness refers to asymmetry in a bell curve distribution, with positive skewness meaning the curve is shifted right and negative skewness meaning it is shifted left. Kurtosis measures the tails of a distribution compared to a normal bell curve, with leptokurtic distributions having heavier tails and platykurtic having lighter tails. There are three categories of kurtosis - mesokurtic resembling a normal curve, leptokurtic with greater extremes, and platykurtic with shorter broader tails.