Vanguard Software
Forecasting & Planning Solutions

contents.gifindex.gifprev1.gifnext1.gif

Exponential Distribution

Numbers drawn from an exponential population represent the time between events given the mean time. For example, the time between the arrival of two customers. The result returned by this function is always a positive number.

The exponential distribution is a special application of the Gamma random number generator grand where the number of events is set to one.

The grand primitive, when used to generate exponential deviates, has the format

grand( mean )

dph00277.gif

Probability Density Function for a node using the Exponential distribution with a mean time between events of 2; grand(2).

  Forecasting Software  |  Strategic Planning Software  |  Decision Support Software
Decision Tree Analysis  |  Monte Carlo Simulation Software  |  Risk Analysis Software
Portfolio Analysis  |  Expert System Software  |  Website Surveys

Contact Us  |  Terms of Use  |  Privacy Policy  |  Site Map
Vanguard Software
© 2009 Vanguard Software Corporation
Home Products Solutions Services Customers Partners Company
Vanguard
Applying science to business management
Vanguard
Print this page   Email this page to a friend