Calculates probabilities, cumulative probabilities, and inverse cumulative probabilities for an Exponential distribution.
The probability density function of the exponential distribution is given by the formula: f(x:lambda) = lamba*exp(-lambda*x) where lambda > 0 is often called the rate parameter.
Enter the column you want to evaluate.
Enter a storage column for the generated values. Leave blank to have VisualStat automatically name the target column.
Choose from the following options:
oProbability density: Choose to calculate the probability densities.
oCumulative probability: Choose to compute the cumulative probabilities.
oInverse cumulative probability: Choose to compute the inverse of the cumulative probabilities.
•Distribution: Select the distribution for the variable.
•Lambda: Sets the rate parameter lambda