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Exponential Distribution
An exponential random variable has PDF:
$$f_X(x)=\lambda e^{-\lambda x},\qquad x\geq0$$
where λ>0.
Usage
- Used to model waiting times between Poisson events.
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Exponential Distribution
An exponential random variable has PDF:
$$f_X(x)=\lambda e^{-\lambda x},\qquad x\geq0$$
where λ>0.
Usage
- Used to model waiting times between Poisson events.
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