Template:The Exponential Distribution

The exponential distribution is a commonly used distribution in reliability engineering. Mathematically, it is a fairly simple distribution, which many times leads to its use in inappropriate situations. It is, in fact, a special case of the Weibull distribution where $$\beta =1$$. The exponential distribution is used to model the behavior of units that have a constant failure rate (or units that do not degrade with time or wear out).