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
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“a mind
That nobleness made simple as a fire,
With beauty like a tightened bow,”
—William Butler Yeats (1865–1939)
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