Question: Example Question: Consider the following probability distribution: I? if D g :1: g 3 O elsewhere m) 2 { 0.8 1.0 l 0.6 Density 0.4

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Example Question: Consider the following probability distribution: I?\" if D g :1: g 3 O elsewhere m) 2 { 0.8 1.0 l 0.6 Density 0.4 0.2 0.0 l What is the CDF, F(K)? What is the 50% quantile? Using a geometric argument: why should the quantile be bigger than 1.5

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