PsiExponential Distribution

PsiExponential (β,...)

PsiExponential (β) is a distribution with a finite lower bound and rapidly decreasing values.  It can be used to represent time between random occurrences in queuing and reliability engineering applications.

The minimum of a set of independent exponential random variables is also an exponentially distributed random variable.

Alternate Formulation:  PsiExponentialAlt

PsiExponentialAlt is the PsiExponential distribution defined through alternative arguments. One parameter is required which must be chosen from the following list:  percentile or var.