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Exponential Waiting-Time Probabilities & Moments
Calculate exponential survival and cumulative probabilities, mean, median, variance and standard deviation from a constant event rate.
- Formula & worked example
- Private in your browser
- No signup
Calculator inputs
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How to use this calculator
- Enter the known values in the units shown. Results update as you type.
- Where results are editable, change one to solve backwards. Lock a value to hold it fixed.
- Use the worked example to check the method. Reset restores the starting fields.
Private by default
Inputs and results stay in this browser tab. Bookify does not upload or store the values you enter.
Formula and method
At rate 2 events per hour, mean waiting time and standard deviation are 0.5 hours, variance is 0.25 hours squared, and median is ln(2)/2 hours.
P(T > t) = exp(−λt); P(T ≤ t) = 1 − exp(−λt); mean = SD = 1/λ
Worked example
Enter these known values and leave the other values blank.
- Positive rate per chosen time unit
- 2
- Elapsed time in that unit
- 0
- Survival probability P(T > t)
- 1
- Cumulative probability P(T ≤ t)
- 0
- Mean waiting time
- 0.5
- Median waiting time
- 0.3465736
- Waiting-time variance, time units squared
- 0.25
- Waiting-time standard deviation
- 0.5
Assumptions and limitations
- Use one consistent time unit: rate is per unit of time, durations are in that unit and variance is in its square. Probabilities are fractions from zero to one.
- Rate is finite and positive; elapsed time is nonnegative. The model assumes a constant hazard or a homogeneous Poisson arrival process.
- The distribution is continuous, so a particular exact waiting time has probability zero. This reports a tail and cumulative probability, not a point probability.
- Rounded extreme probabilities can display zero or one. A finite rate has positive survival at finite time; survival zero or cumulative probability one cannot determine a finite inverse time.
Common questions
How is the rate different from mean waiting time?
They are reciprocals. Two events per hour gives mean waiting time half an hour.
Does the distribution account for a changing event rate?
No. A time-varying rate requires a different model or an integrated hazard.
References
Bookify permits elapsed time zero and requires positive mean, median, variance and standard deviation for a finite positive exponential rate.
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