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Gamma: sum of k independent Exponentials

Sum of $k$ independent Exponentials β€” total wait time for the $k$-th event in a Poisson process.

Method · Gamma
Prereqs: Exponential
Intro
Seven Gamma-distribution PDFs at different shape (k) and scale (theta) values, showing the family of curves.
MarkSweep & Cburnett, CC BY-SA 3.0 · CC-BY-SA-3.0 / GFDL · Wikimedia Commons

Gamma = sum of k iid Exponentials. It generalises the Exponential to 'wait for the k-th event' β€” the continuous mirror of the Negative Binomial.

βœ“ Intro Β· expand
Independent · Legal