Quantile Function

Quantile Function

Related Courses


Contact Us
1800-200-5835
Email: sarita@eneev.com

Authorization

Registered with FRM Institute as a training provider following the prep provider guidelines
 
80% success rate for last year FRM students

Other Related Links


Hi, This is David from Bionic Turtle, and today we will be looking at the Quantile Function. The quantile function, which is the inverted cumulative distribution function, gives us the value (X) that answers the question, with confidence of (P%), what is the most losses I can expect?

The quantile function is not an idea in itself, but since it is an inverted function it tends to confuse most people. So to explain this concept, we have created a video that covers an example. You can watch this video here.

Here is the spreadsheet we have used (and that shows the same recursive solution to all three distributions): http://db.tt/gyrCxFU5

This brings us to the conclusion of the 5-Day Operational Risk Course. To know more about the full program (that's the one with the premium membership), click here.

Post a Query

Submit

Testimonials

 
 
  Sameer Pendse, Mumbai
 
Terrific line-up, helps decipher books and promotes self-learning and a passion for the subject. Clearing FRM® becomes a side-effect in the larger scheme of things.
 
 
  Anand Sampath, Hyderabad
 
My experience with EduPristine has been extremely satisfactory. Coaching is imparted by committed, confident and honest tutors, who are experts in their own domains. To a serious FRM student, he can benefit a lot from his or her association with EduPristine and its faculty.
 
 
About Your Teachers

Dinesh has worked as a Basel II Project Manager with one of the Top-3 private sector banks in India. Dinesh has worked extensively on corporate risk management, capital management, risk parameter estimation and validation, operational loss data and risk policy framework.

Prior to launching bionicturtle.com, David was a consultant to executives and Boards. He advised primarily to technology and financial firm on transactions (IPSO, M&A), incentives and performance improvement (economic value added).

Connect With EduPristine

X

or

Thanks for Registering for the free seminar on !

x

We will get in touch with you to confirm your booking as we only have limited number of seats.


Name :  
Email :  
Phone :  
City :  
Submit

If you are not interested in this offer, you can close this window by clicking the button on the top right hand side corner.