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Exponential Distribution

X ~ Exp(λ)

Memoryless / Waiting-Time FamilyPublished July 18, 2026

The waiting-time distribution: history from Erlang's queueing theory and radioactive decay, the memoryless property, rate-vs-scale parameterization, the full property list (including its defining constant hazard function), maximum-likelihood estimation of the rate with its small-sample bias, and exact simulation via inverse-transform sampling.

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About This Reference Sheet

The waiting-time distribution: history from Erlang's queueing theory and radioactive decay, the memoryless property, rate-vs-scale parameterization, the full property list (including its defining constant hazard function), maximum-likelihood estimation of the rate with its small-sample bias, and exact simulation via inverse-transform sampling.

Support

x ∈ [0, ∞)

Parameters

λ > 0 (rate)