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:

    “This is my letter to the world,
    That never wrote to me—
    The simple news that Nature told,”
    —Emily Dickinson (1830–1886)

    “A creature not too bright or good
    For human nature’s daily food;
    For transient sorrows, simple wiles,
    Praise, blame, love, kisses, tears, and smiles.”
    —William Wordsworth (1770–1850)