exponential probability distribution

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Page 1: Exponential probability distribution

M.BILAL TARIQ

SUFIAN IQBAL

M.NAVEED

Page 2: Exponential probability distribution

Exponential Probability Distribution

Page 3: Exponential probability distribution

The exponential probability distribution is useful in describing the time it takes to complete a task.

The exponential random variables can be used to describe:

Time between vehicle arrivals at a toll booth Time required to complete a questionnaire Distance between major defects in a highway

The time between goals scored in a World Cup soccer match

Page 4: Exponential probability distribution

f x e x( ) / 1

for x > 0, > 0

Density Function

where: = mean e = 2.71828

Page 5: Exponential probability distribution

Cumulative ProbabilitiesP x x e x( ) /

0 1 o

where: x0 = some specific value of x

Page 6: Exponential probability distribution

Example: Al’s Full-Service Pump

The time between arrivals of cars at Al’s full-service gas pump follows an exponential probability distribution with a mean time between arrivals 3 minutes. Al would like to know the probability that the time between two successive arrivals will be 2 minutes or less.

P(x < 2) = 1 - 2.71828-2/3 = 1 - .5134 = .4866

Solution:

Page 7: Exponential probability distribution

Example:

If jobs arrive every 15 seconds on average, λ = 4 per minute, what is the probability of waiting less than or equal to 30 seconds, i.e .5 min? P(T ≤ .5).

Page 8: Exponential probability distribution

Characteristics :

The mean and standard deviation of exponential distribution are equal.

The distribution is extremely skewed and there does not exist any mode.

Page 9: Exponential probability distribution

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Graph of the exponential distribution with μ = 1

Page 10: Exponential probability distribution
Page 11: Exponential probability distribution

QUESTION