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Exponential Distribution and the Memoryless Property Explained Simply
Автор: Practical stats
Загружено: 2026-01-02
Просмотров: 46
Описание: Have you ever felt that the longer you wait for a bus, the "closer" it must be to arriving? For certain natural processes, the universe simply doesn't care. In this video, we explore the Exponential Distribution and its unique "Memoryless" Property.We explain the math behind $\lambda$ (Lambda) and prove why, for things like Radioactive Decay, an atom doesn't "get old." We also apply this to Reliability Engineering, explaining why replacing certain parts early is mathematically useless.
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