5.4: The Exponential Distribution - Statistics LibreTexts
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WebApr 2, 2023 · The exponential distribution is often used to model the longevity of an electrical or mechanical device. In Example, the lifetime of a certain computer part has the exponential distribution with a mean of ten years (\(X \sim Exp(0.1)\)). The memoryless property says that knowledge of what has occurred in the past has no effect on future ...
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