EPISODE · Apr 19, 2025 · 14 MIN
LOR16: The quantile function, the survival function and the PDF
from The Logic of Risk · host Pasquale Cirillo
In this episode, building on the cumulative distribution function F (CDF) introduced in Episode 15, we define the quantile function Q, the survival function S, and the probability density function f (PDF). We then explore how each of these tools helps describe the behavior of a random variable.Along the way, we also introduce Value-at-Risk (VaR), which becomes quite straightforward once you understand quantiles.Are you ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.
What this episode covers
In this episode, building on the cumulative distribution function F (CDF) introduced in Episode 15, we define the quantile function Q, the survival function S, and the probability density function f (PDF). We then explore how each of these tools helps describe the behavior of a random variable.Along the way, we also introduce Value-at-Risk (VaR), which becomes quite straightforward once you understand quantiles.Are you ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.
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LOR16: The quantile function, the survival function and the PDF
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