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:

    “All the phenomena which surround him are simple and grand, and there is something impressive, even majestic, in the very motion he causes, which will naturally be communicated to his own character, and he feels the slow, irresistible movement under him with pride, as if it were his own energy.”
    —Henry David Thoreau (1817–1862)

    “The prostitute is the scapegoat for everyone’s sins, and few people care whether she is justly treated or not. Good people have spent thousands of pounds in efforts to reform her, poets have written about her, essayists and orators have made her the subject of some of their most striking rhetoric; perhaps no class of people has been so much abused, and alternatively sentimentalized over as prostitutes have been but one thing they have never yet had, and that is simple legal justice.”
    —Alison Neilans. “Justice for the Prostitute—Lady Astor’s Bill,” Equal Rights (September 19, 1925)