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Dec 17, 2018 at 12:48 comment added Christoph Hanck en.wikipedia.org/wiki/Quantile has further discussion. $z_\alpha$ is just notation.
Dec 17, 2018 at 11:50 vote accept cbro
Dec 17, 2018 at 11:49 comment added cbro Thanks for the explanation. Can you please give me a reference where I can read more about quantiles and the fact that random variable exceeds its $1-\alpha$-quantile with probability $\alpha$ and that we denote this quantile by $z_\alpha$? Much appreciated!
Dec 17, 2018 at 9:51 history answered Christoph Hanck CC BY-SA 4.0