Some families of distributions use a rate parameter which is simply the reciprocal of the scale parameter. So for example the exponential distribution with scale parameter β and probability density
could equally be written with rate parameter λ as
Read more about this topic: Scale Parameter
Famous quotes containing the word rate:
“If I die prematurely at any rate I shall be saved from being bored to death at my own success.”
—Samuel Butler (18351902)
Related Phrases
Related Words