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I have a set of values which follows exponential distribution. Now, I want to calculate the rate parameter alpha. Can anybody help me how to calculate it (I am using c++ to code it)?

alessandro
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1 Answers1

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If you know these values are from an exponential distribution, then you can calculate the maximum likelihood of λ (lambda, not alpha) as the average of 1 / value for each of these values (because the mean of the exponential distribution is 1 / λ). this is a statistical calculation, since you are trying to assess a parameter through observation.

Ron Teller
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