Question

The probability density function for random variable W is given as follows: Let x be the 100pth percentile of W and y be the 100(1 – p)th percentile of W, where 0

Answer 1

Answer:

Step-by-step explanation:

A probability density function (pdf) is used for continuous random variables. That is why p is between 0 and 1 (the two extremes - 0 and 1 - exclusive).

X = 100pth percentile of W

Y = 100(1-p)th percentile of W

Expressing Y as a function of X;

Y = 100(1-p)th = 100th - 100pth

Recall that 100pth is same as X, so substitute;

Y = 100th - X

where 100th = hundredth percentile of W and X = 100pth percentile of W