Problem: Finding fractiles from the integrated hazard rate

Eksempel

In this problem you are asked to do Problem 1.2 in ABG, and thereafter visualise your final solution in a plot.

Problem

Solve Problems 1.2 (a) and (b) in ABG. Thereafter use R to plot the \(p\)th fractile, \(\xi_p,\) as a function of \(p\) for the exponential distribution when \(\lambda=2\), and for the Weibull distribution when \(b=1\) and \(k=2.\)

Hints: To get some hints for how to solve the problem see the link at the bottom of this page.