Exponential-Poisson Connection
If events follow a Poisson process with rate λ, the waiting time to the next event is exponential:
$$X\sim\operatorname{Exponential}(\lambda)$$
Usage
- Used to connect event counts and waiting times.
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Exponential-Poisson Connection
Exponential-Poisson Connection
If events follow a Poisson process with rate λ, the waiting time to the next event is exponential:
$$X\sim\operatorname{Exponential}(\lambda)$$
Usage
- Used to connect event counts and waiting times.
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