Exponential Distribution Calculator
Calculate probabilities and properties of the exponential distribution
About Exponential Distribution
The exponential distribution models the time between events in a Poisson process. It's characterized by its "memoryless" property.
Key Formulas:
- PDF: f(x) = λe^(-λx) for x ≥ 0
- CDF: F(x) = 1 - e^(-λx)
- Mean = 1/λ
Applications: Service times, failure rates, radioactive decay, customer arrivals