Poisson Process Example: Additional Wait Time

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Uploaded by on Oct 25, 2009

What is the pdf of the additional wait time until the first arrival of a Poisson Process, given that you've waited until time "t" already? It turns out this additional wait time until the first arrival is also Exponential with parameter lambda. Bad news for bus riders who are waiting for a bus when the bus arrivals are Poisson.

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  • Really easy to understand it, thanks for the video.

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