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Exponential Distribution
A probability distribution used to model the time between events in a process where events occur continuously and independently at a constant rate.
Parameter
A measurable feature or characteristic that helps to define or classify a system, often a constant in mathematical models and statistical analyses.
Exponentially Distributed
A statistical term used to describe the time between events in a Poisson point process, where events occur continuously and independently at a constant average rate.
Random Variable
An element with numerical values produced by the uncertainty of events.
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