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exponential distribution

British  

noun

  1. statistics a continuous single-parameter distribution used esp when making statements about the length of life of certain materials or waiting times between randomly occurring events. Its density function is p ( x ) = λe –λx for positive λ and nonnegative x , and it is a special case of the gamma distribution

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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They found that regardless of turbulence or snowflake type, acceleration follows a universal statistical pattern that can be described as an exponential distribution.

From Science Daily Dec. 19, 2023

With the exponential distribution, this is not the case–the additional time spent waiting for the next customer does not depend on how much time has already elapsed since the last customer.

From Textbooks Nov. 29, 2017

For example, marketing studies have shown that the amount of money customers spend in one trip to the supermarket follows an exponential distribution.

From Textbooks Nov. 29, 2017

Again, the formula for the exponential distribution is:

From Textbooks Nov. 29, 2017

In Example 5.5, the lifetime of a certain computer part has the exponential distribution with a mean of ten years.

From Textbooks Nov. 29, 2017

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