Manuals/calci/EXPONDIST
EXPONDIST(x,Lambda,cum)
- is the value of the function
- is the value of the rate parameter
- is the logical value like TRUE or FALSE
Description
- This function gives the Exponential Distribution. This distribution used to model the time until something happens in the process.
- This describes the time between events in a Poisson process i.e, a process in which events occur continuously and independently at a constant average rate.
- For e.g Time between successive vehicles arrivals at a workshop.
- In EXPONDIST(x, lambda,cu), xis the value of the function, lambda is called rate parameter and cu(cumulative) is the TRUE or FALSE. *This function will give the cumulative distribution function , when cu is TRUE,otherwise it will give the probability density function , when cu is FALSE.
- Suppose we are not giving the cu value, by default it will consider the cu value is FALSE.
- This function will give the error result when
1. or is non-numeric. 2. or
The Probability Density Function of an Exponential Distribution is
or
- Failed to parse (syntax error): {\displaystyle f(x;\lambda)= λe^{-\lambda x} .H(x)}
- where is the rate parameter and H(x) is the Heaviside step function
- This function is valid only on the interval [0,infinity].
The Cumulative Distribution Function is :
or
- The mean or expected value of the Exponential Distribution is: Failed to parse (syntax error): {\displaystyle E[x]=\frac{1}{ λ}}
- The variance of the Exponential Distribution is: .
Examples
Question : If jobs arrive at an average of 15 seconds, λ = 5 per minute, what is the probability of waiting 30 seconds, i.e 0.5 min? Here λ=5 and x=0.5
- =EXPONDIST(0.5,5,TRUE)=0.917915001
- =EXPONDIST(5,3,TRUE)=0.999999694
- =EXPONDIST(0.4,2,FALSE)=0.898657928"