ABSTRACT

In this chapter we consider the basic properties of the exponential distribution. Other relevant results will be derived in subsequent chapters. Consider the negative exponential distribution having the probability density function (p.d.f.) () f   ( t ;   μ ,   λ )   =   λ   exp   { −   λ   ( t   −   μ ) }   I   ( t   >   μ ) , https://s3-euw1-ap-pe-df-pch-content-public-p.s3.eu-west-1.amazonaws.com/9780203756348/09e01eef-8e60-4760-a072-0eacab519527/content/eq17.tif"/>