If m is a median of the distribution of X, and if Y = r(X) is either

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If m is a median of the distribution of X, and if Y = r(X) is either a nondecreasing or a non-increasing function of X, show that r(m) is a median of the distribution of Y .
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Probability And Statistics

ISBN: 9780321500465

4th Edition

Authors: Morris H. DeGroot, Mark J. Schervish

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