Exponential Distribution - Parameter Estimation

Parameter Estimation

Suppose a given variable is exponentially distributed and the rate parameter λ is to be estimated.

Read more about this topic:  Exponential Distribution

Famous quotes containing the word estimation:

    ... it would be impossible for women to stand in higher estimation than they do here. The deference that is paid to them at all times and in all places has often occasioned me as much surprise as pleasure.
    Frances Wright (1795–1852)