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Exponential Distribution
A statistical distribution that characterizes the interval between occurrences in a scenario where events happen constantly and independently, maintaining a uniform average frequency.
Exponential Distribution
A probability distribution used to model the time between events in a process in which events occur continuously and independently at a constant average rate.
Exponentially Distributed
A type of probability distribution that describes the time between events in a process where events occur continuously and independently at a constant average rate.
Random Variable
A variable, the value of which hinges on the happenings related to a chance occurrence.
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