Final answer:
Calculate the CDF by integrating the PDF from 0 to x, then solve for x when F(x) equals 0.20 to find the 0.20 quantile (20th percentile) of the distribution.
Step-by-step explanation:
To find the 0.20 quantile of the distribution with the given probability density function f(x) = 4x^3, where 0 < x < 1, we first calculate the cumulative distribution function (CDF) by integrating the PDF.
The CDF F(x) will be the integral of 4x^3 from 0 to x, which gives us F(x) = x^4 for 0 < x < 1. To find the 20th percentile,
we solve F(x) = 0.20, resulting in x = √[0.20], which simplifies to x = 0.20^(1/4).
After computing this, we obtain the quantile as x ≈ 0.6687, which is the value at which the area under the probability curve from 0 up to this value comprises 20% of the total area.