Let U have a U[10,25] (uniform distribution with range 10-25) distribution. Compute the 0.25th quantile and median of U. Explain.
Solution :
Given that,
a = 10
b = 25
median = (a + b) / 2
median = (10 + 25) / 2
median = 17.5
0.25 percentile
= a + (b - a)p
= 10 + (25 - 10)0.25
= 13.75
Let U have a U[10,25] (uniform distribution with range 10-25) distribution. Compute the 0.25th quantile and...
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