ELI5: Explain Like I'm 5

Cumulant

A cumulant is a measure of how much different parts of something (such as data or a situation) are related to each other. It can be helpful in understanding patterns in data or making predictions about the future. Cumulants measure the skewness (unevenness) of a data set, or how quickly different parts of a situation are changing relative to each other. They are often used in statistics and economics, but can be useful in any area that involves analyzing data or understanding complex situations.