RELATIONSHIP BETWEEN POISSON PROCESS AND EXPONENTIAL PROBABILITY DISTRIBUTION
- If the number of arrivals in a time interval of length (t) follows a Poisson Process, then corresponding interarrival time follows an 'Exponential Distribution'.
- If the interarrival times are independently, identically distributed random variables with an exponential probability distribution, then the number of arrivals in a time interval of length (t) follows a Poisson Process with arrival rate identical with parameter of the Exponential Distribution.
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