Probability of continuous random variables that are deterministic functions of one another

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$$ X = \begin{cases} 1, & \text{if $x \in [0,1]$} \\ 0, & \text{if $x \notin [0,1]$} \end{cases} \\[3ex] y = g(x) = \frac{X}{2} $$

Could you please explain why $p_y(y)=p_x(2y) \neq 0, \,on\, [0, \frac{1}{2}]$ instead of [0, 1]?

From MIT press book "Ian Goodfellow and Yoshua Bengio and Aaron Courville", chapter 3 "probability and information theory", page 72:

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If one goes by the definition of the cumulative distribution function then the one writes:

$$F_y(\chi)=P(y<\chi)=P\left(\frac x2<\chi\right)=P(x<2\chi)=F_x(2\chi).$$

Hence, the corresponding probability density function is

$$f_y(\chi)=\frac{dF_y}{d\chi}=\frac{dF_x(2\chi)}{d\chi}=2f_x(2\chi).$$

There is the missing factor. It comes up when differentiating the cumulative density function.

(Note: In this form, this calculation is valid only in the case given by the OP.)