Quantile Function - Simple Example

Simple Example

For example, the quantile function for Exponential(λ) (i.e. intensity λ and expected value 1/λ) is

for 0 ≤ p < 1. The quartiles are therefore:

first quartile
median
third quartile

Read more about this topic:  Quantile Function

Famous quotes containing the word simple:

    “Uncontradicting solitude
    Supports me on its giant palm;
    And like a sea-anemone
    or simple snail, there cautiously
    Unfolds, emerges, what I am.”
    —Philip Larkin (1922–1986)

    “No slogan of democracy; no battle cry of freedom is more striving then the American parent’s simple statement which all of you have heard many times: ‘I want my child to go to college.’”
    —Lyndon Baines Johnson (1908–1973)