I have been working in R and Excel. I have the following data: 23, 24, 36, 44, 2431, 543, 43, 25, 64. In R the kurtosis is 6.51838 and in Excel the kurtosis is 7.84453 (both programs give more decimal places).
I find that Excel uses this formula (https://support.office.com/en-us/article/KURT-function-BC3A265C-5DA4-4DCB-B7FD-C237789095AB): (see file "Kurtosis Excel")
I find that R uses the sample kurtosis formula (https://en.wikipedia.org/wiki/Kurtosis), but the -3 in the formula was not used: (see file "Kurtosis in R")
I can ask the question in many ways:
1) Why are there differences?
2) What am I assuming in each case?
3) Is there a reason to use one formula over the other?
4) Is there a right answer and the others are wrong?