Exponential Distribution Calculator
Exponential Distribution is evaluated from Rate Parameter - events per unit time and Time Value. The calculation reports P - Probability within time x, P - Probability beyond time x and Mean.
Results
About the Exponential Distribution Calculator
The calculator uses a multi formula configuration. Each reported value is read as a direct evaluation of the stored rules with the declared field formats and units.
Formula basis:
CDF: P(X<=x) = 1 - e^( - λx)
Survival: P(X>x) = e^( - λx)
Mean = standard deviation = 1/λ
Interpret the outputs in the order shown by the result fields. Optional inputs affect only the outputs that depend on those variables.
Formula & How It Works
The calculation applies the following relations exactly as recorded in the metadata: CDF: P(X<=x) = 1 - e^( - λx) Survival: P(X>x) = e^( - λx) Mean = standard deviation = 1/λ Each output field is produced by substituting the supplied inputs into the relevant relation and then applying the declared rounding or text format.
Worked Examples
Example 1: Customer service: Average 10 calls/hour (λ=10/60 per minute). P(next call within 4 minutes)
Inputs
With Rate Parameter - events per unit time = 0.1667 and Time Value = 4 as the stated inputs, the result is P - Probability within time x = 0.486651, P - Probability beyond time x = 0.513349 and Mean = 5.9988. Each value corresponds to the declared output fields.
Example 2: Equipment failure: MTBF = 2000 hours (λ = 1/2000). P(failure within 500 hours)
Inputs
With Rate Parameter - events per unit time = 0.0005 and Time Value = 500 as the stated inputs, the result is P - Probability within time x = 0.221199, P - Probability beyond time x = 0.778801 and Mean = 2,000. Each value corresponds to the declared output fields.
Example 3: Website server: Average 0.3 requests/second (λ=0.3). P(no request for more than 5 seconds)
Inputs
With Rate Parameter - events per unit time = 0.3 and Time Value = 5 as the stated inputs, the result is P - Probability within time x = 0.77687, P - Probability beyond time x = 0.22313 and Mean = 3.3333. Each value corresponds to the declared output fields.
Example 4: Sales: average 1 deal per 8 days (λ = 0.125/day). P(next deal within 5 days)
Inputs
With Rate Parameter - events per unit time = 0.125 and Time Value = 5 as the stated inputs, the result is P - Probability within time x = 0.464739, P - Probability beyond time x = 0.535261 and Mean = 8. Each value corresponds to the declared output fields.
Common Use Cases
- Model time between events in a Poisson process
- Calculate reliability and failure probability
- Customer waiting time and service time analysis