Exponential Distribution Calculator is a free online tool that displays the mean, median, variance, standard deviation and the probability distribution of the given data. BYJU’S online exponential distribution calculator tool makes the calculation faster and it displays the probability distribution in a fraction of seconds.
How to Use the Exponential Distribution Calculator?
The procedure to use the exponential distribution calculator is as follows:
Step 1: Enter the values of x in the input field
Step 2: Now click the button “Solve” to get the output
Step 3: Finally, the mean, median, variance and standard deviation of the exponential distribution will be displayed in the output field
What is Meant by Exponential Distribution?
In Statistics and probability theory, the exponential distribution is a particular case of a gamma distribution. Also, there is a strong relationship between exponential distribution and the Poisson distribution. It is a probability distribution that defines the time between events in the Poisson process. It means that, in a process, the events occur independently and constantly at an average constant rate.