The Gamma Distribution and the Poisson Connection
Free SOA Exam P (Probability) lesson in Univariate Random Variables. 11 min read, ~1,683 words.
Gamma( ): shape, scale.,. Read off the density: the power of is; the exponent is. is the exponential; a Gamma( ) is the sum of independent Exp( ). Poisson connection (integer ):; equivalently. The linked Poisson has rate, the events expected by time, not itself.
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Check Your Understanding
- Exam Shortcuts
Learning objectives
- 2a
- 2b
- 2c
- 2d
- 2e
- 2f
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