Tag
exponential distribution
- How to Find the Mean and Variance of an Exponential DistributionFor an exponential distribution with rate λ, the mean is 1/λ and the variance is 1/λ²; see the derivation and scale-parameter version.
- How to Find the UMVUE of an Exponential ParameterFor an i.i.d. exponential sample, the UMVUE depends on whether theta is the scale or rate: use the sample mean for scale and (n−1)/sum Xi for rate.
- What Is the Fisher Information for an Exponential Distribution?For an exponential distribution, Fisher information is 1 over the squared rate per observation, or n over the squared rate for n iid observations.
- How to Find an Exponential Percentile on a TI-84Find an exponential-distribution percentile on a TI-84 using the inverse CDF, with rate-versus-mean formulas and a worked keystroke example.
- What Are the Properties of the Maximum and Minimum of Exponential Random Variables?For independent exponential variables, the minimum is exponential with summed rate; derive the maximum's CDF, density, mean, and variance.
- What Is the Standard Deviation of an Exponential Distribution?For an exponential distribution with rate λ, the standard deviation is 1/λ; with scale θ or mean μ, it equals θ or μ. See the derivation and example.