What is exponentiation?
Exponentiation
Exponentiation is a mathematical operation, written as , involving two numbers, the "base" and the "exponent" . When is a positive integer, exponentiation corresponds to repeated multiplication of the base: that is, is the product of multiplying bases:
Exponential distribution
In probability theory and statistics, the exponential distribution (also known as the negative exponential distribution) is the probability distribution that describes the time between events in a Poisson point process, i.e., a process in which events occur continuously and independently at a constant average rate. It is a particular case of the gamma distribution. It is the continuous analogue of the geometric distribution, and it has the key property of being memoryless. In addition to being used for the analysis of Poisson point processes it is found in various other contexts.