alleryStart learning →Calculations with the exponential distribution require knowledge of which quantity?
AThe rank order r
BThe decay parameter m
CThe sample size n
DThe class width w
Answer & Solution
Correct answer: B. The decay parameter m
1. The exponential distribution is governed by one parameter.
2. To do any calculations with it you must know m.
3. That quantity m is the decay parameter.
4. It fixes how quickly the curve falls away.
_Source: OpenStax Introductory Statistics 2e (CC BY 4.0), Ch 5 'Continuous Random Variables', sections 5.1-5.3_
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