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- W2034226112 abstract "Abstract The lack of memory property of the exponential distribution plays an important part in the branch of applied probability. This property assumes the information regarding the probability distribution. In the present paper we give a characteristic property of the exponential distribution based on the means of the conditional distributions. Considering a random variable T with finite mean and such that P(T > 0) > 0, and denoting by y a positive number such that P(T > y) > 0, we show that T has an exponential distribution if and only if the mean of the conditional distribution, given T > y, exceeds the mean of the unconditional distribution by the quantity y for all y. Also given in the paper is a similar characterization for the geometric distribution. Since the information concerning the expected values is easily accessible, we expect these properties to be useful in dealing with the practical problems." @default.
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- W2034226112 date "1970-09-01" @default.
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- W2034226112 title "The Characterizations for Exponential and Geometric Distributions" @default.
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- W2034226112 doi "https://doi.org/10.1080/01621459.1970.10481161" @default.
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