Exponential Distribution

Question 1

How to know if it’s exponential distribution

Answer 1

Events occur one at a time
Randomly
Independently
Constant average rate

Question 2

What is the shape of exponential distribution

Answer 2

Curve from the top of y axis slowly coming down

Question 3

What is the formula to work on left hand areas of exponential distribution

Answer 3

1-e - (-/ x (x) )

Question 4

What is the mean of exponential distribution

Answer 4

-\

Question 5

If they’ve given you the average rate in exponential distribution question what would be the -\

Answer 5

The average rate given

Question 6

If they’ve given an average time/space in exponential distribution question what would the -\ be

Answer 6

1/ mean

Question 7

How do you work out the standard deviation in exponential distribution

Answer 7

1/ -\