Sample Quantile
The sample quantile can be obtained by solving the following minimization problem
The intuition is the same as for the population quantile.
Read more about this topic: Quantile Regression
Famous quotes containing the word sample:
“All that a city will ever allow you is an angle on it—an oblique, indirect sample of what it contains, or what passes through it; a point of view.”
—Peter Conrad (b. 1948)
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