Quantiles
Definition
Sample Quantiles
Fun fact there are seven ways of calculating sample quantiles[1]
Usage
In Ensemble modeling
Work stuff
- I had to take an Expert Elicitation workshop at Sanofi. It involved asking experts to quantify the probability of some quantity of interest. And most of it involved using quantiles.
Hyndman, Rob J., and Yanan Fan. "Sample quantiles in statistical packages." The American Statistician 50.4 (1996): 361-365. ↩︎