Measurements of the distance between two holes cut into 50 steel sheets are saved as values of the variable DISTANCE in the following data set: data sheets; input distance @@; label distance='Hole ...

Quantile regression offers a versatile framework for characterising the full conditional distribution of a response variable by modelling specified quantiles rather than the mean alone. This approach ...

Quantile regression models the relationship between a specified conditional quantile (or percentile) of a dependent (response) variable and one or more independent (explanatory) variables (Cade and ...

A quantile defines a particular part of a data set, i.e., a quantile determines how many values in a distribution are above or below a certain limit. Special quantiles are the quartile (quarter), the ...

Operational risk reserves are still widely estimated using the loss distribution approach. The accuracy of the estimation depends heavily on the accuracy with which the extreme quantiles of the ...