exponential distribution - Learn Data Science with Travis

What is Exponential Distribution

Towards Data Science

Is the exponential parameter λ the same as λ in Poisson? Remember that 0.25 is not a time duration, but it is an event rate, which is the same as the parameter λ in a Poisson process.

Exponential Distribution Simply Explained

Towards Data Science

A succinct explanation of the Exponential Distribution and its origins. Continue reading on Towards Data Science

Questions That You Can Answer Using Exponential Distribution

Towards Data Science

Answers to why do we use exponential distribution, what is the exponential distribution used for and how do you solve exponential distribution problems?

Chapter 5 Modeling distributions

Think Stats

The distributions we have used so far are called empirical distributions because they are based on empirical observations, which are necessarily finite samples. The alternative is an analytic distribu...

Compound interest and the exponential distribution

Towards Data Science

Your mortgage is memory-less and so is the exponential distribution Continue reading on Towards Data Science

Statistical Distributions

Towards Data Science

A probability distribution is a mathematical function that provides the probabilities of the occurrence of various possible outcomes in an experiment. Probability distributions are used to define…

simulating Gumbel’s bivariate exponential distribution

R-bloggers

A challenge interesting enough for a sunny New Year morn, found on X validated, namely the simulation of a bivariate exponential distribution proposed by Gumbel in 1960, with density over the positive...

Understanding Empirical Distributions

Towards Data Science

Empirical Distribution — Everything You Need To Know Approximate distribution of the data, Dirac Delta function and much more Image Source: Author Empirical distribution is a word that you might have...

Distributions

Think Bayes

In the previous chapter we used Bayes’s Theorem to solve a cookie problem; then we solved it again using a Bayes table. In this chapter, at the risk of testing your patience, we will solve it one mor...

Seven Must-Know Statistical Distributions and Their Simulations for Data Science

Towards Data Science

A statistical distribution is a parameterized mathematical function that gives the probabilities of different outcomes for a random variable. There are discrete and continuous distributions depending…...

Distributions

Dive intro Deep Learning Book

Now that we have learned how to work with probability in both the discrete and the continuous setting, let’s get to know some of the common distributions encountered. Depending on the area of machine ...

Binomial Distribution — Practical Intro with Drive-Thru Business Analytic

Towards Data Science

Probability distribution is a very useful statistical tool to estimate the performance or risk hidden in a business activity. Many businesses stakeholders rely on the probability distribution to…