Reading
Carlton & Devore Chapter 3, Section 3.4, Subsection 3.4.1. (Pages 187–189)
Optionally, see Section 7.5 starting at page 522 for more on the Poisson/Exponential connection.
Topics
- Exponential distribution definition and example
- Memoryless property
- Connection to Poisson distribution
Video
Media Hopper link: The Exponential Distribution
Exercises
Chapter 3 Exercises 71–74, 79–82. (Pages 194–196)
Choose some of these and work through them yourself.