Exponential Distribution Poisson

Understanding Exponential vs Poisson Distributions

In which we discuss what a Poisson data-generating process is, the similarity in the"questions" each distribution answers, their similar parameters, and finally two interesting notes on the exponential distribution itself. 0:10 Poisson Data-Generating Process Intro 0:40 Memoryless 1:00 estimating the binomial 1:40 Questions answered by each 2: ...

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