Exponential Distribution

Exponential Distribution icon

The exponential distribution is continuous. It is widely used to describe events recurring at random points in time or space, such as the time between failures of electronic equipment, the time between arrivals at a service booth, incoming phone calls, or repairs needed on a certain stretch of highway. It is related to the Poisson distribution, which describes the number of occurrences of an event in a given interval of time or space.

Parameter

Rate

Conditions

The exponential distribution is used under these conditions: