The Exponential Distribution: Time Between Poisson Events

The exponential distribution is the probability distribution that quantifies the probability of a given time between Poisson (rare) events.

This video was produced at the University of Washington, and we acknowledge funding support from the Boeing Company

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00:00 Intro
01:09 Defining Exponential Variables
02:22 Continuous Exponential Variables
05:10 Exercises
06:56 Exponential Interval Formula
08:04 The Memoryless Property
09:15 Example: Lightbulb Lifetime
13:40 Example: Radioactive Decay
16:45 Formalizing Memorylessness
18:30 Outro