Let Y be a continuous random variable with cumulative distribution function. $$ F (x) = \begin{cases} 0 &\text{ if } x < 1 \\ 1 - \dfrac{1}{x^2} &\text{ if } x ≥ 1 \end{cases} $$
and probability density function $$ f(y) = \begin{cases} \dfrac{2}{y^3} &\text{ if } y ≥ 1 \\\\ 0 &\text{ otherwise} \end{cases} $$
(a) Find the median of Y.
(b) Find the interquartile range of Y.
(c) Why is the expected value of Y less than, equal to, or greater than its median?