This exercise allows students to assess the probability distribution (.05, .25, .50, .75, 0.95 quantiles) for 10 random variables and to calibrate the reliability of their estimates.
This Darden study. "Hide
by Sherwood C. Frey Source: Darden School of Business 3 pages. Publication Date: August 3, 1999. Prod. #: UV0690-PDF-ENG