How can you calculate percentiles from a cdf? I'm having some trouble understanding how to calculate the percentile from a cdf, i realize that a percentile ( ie. percentile .95) is the value in which 95% of all the probabilities contained within the function fall below - but how do you calculate that value from a function?
the fuction i was given is : ky(1-y) where 0>y>1 , btw this is my first post so i didnt know how to do a greater than or equal sign.. but that's what it's supposed to be! thanks
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