Distribution- Exponential

Gist

A distribution known for its use in waiting time (especially compartmental modeling)

Mathematics

A continuous form of the Distribution - Geometric

Properties

  1. It is memoryless

How does it relate to other distributions?

  1. The sum of n exponential distributions is the equivalent of the Distribution - Gamma

Fun facts

  1. In 1958, it was considered not a useful distribution for application?

Code

R

Python