What are Moments in Statistics? Why are they called Moments?

The video explains what are moments in statistics and why they are called moments.
Four moments in statistics are discussed and an intuition behind the concept is provided.

Chapters:
00:00 : Introduction
01:03 : Moments (Introduction to Concept)
02:50 : Moments (Introduction in Statistics)
03:33 : First Moment of Statistics
04:28 : Second Moment of Statistics
07:44 : Higher Order Moments
07:54 : Third Order Moment
08:07 : Fourth Order Moment
08:34 : Raw and Centered Moments
08:56 : More intuition on Third and Fourth Moment
13:32 : Moment with Sampling Adjustment and Summary

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