The Exponential Distribution

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A vert beautiful explanation of inverse relationship between Poisson and exponential distribution. Thank you.

beefandpotatoes
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thank you so much. I read many and many explaination but I cannot understand until saw yours

themovingmachine
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oh my god THANK YOU, this is exactly what I needed

leokeatonn
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This was exactly what i was looking for and in a very concise and precise way. Thank you!

IgorKuts
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Might need the community help: In the last example (earthquakes), why do we choose lambda to be events/time and not time/events if we are looking for the probability of a time interval?
Thanks in advance!

jarik
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I think mean is 40/200. Our x is time and not number of events. Yes it would have been mean in case of Poisson which is number of events per time period.

beefandpotatoes
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Lamdha is not the probability, lamdha means events occurs in certain time

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