Distribution- Exponential
Gist
A distribution known for its use in waiting time (especially for its use in compartmental modeling).
Mathematics
A continuous form of the Distribution - Geometric
Properties
- It is memoryless in that the
- Generally, in compartmental modeling (like Model - SIR)- the waiting time of individuals is described with the exponential distribution.
How does it relate to other distributions?
- The sum of
exponential distributions is the equivalent of the Distribution - Gamma
Other notes
- In 1958, it was considered not a useful distribution for application?