Returns the exponential distribution. Use EXPONDIST to model the time between events, such as how long an automated bank teller takes to deliver cash. For example, you can use EXPONDIST to determine the probability that the process takes at most 1 minute.
Syntax
EXPONDIST(x,lambda,cumulative)
X is the value of the function.
Lambda is the parameter value.
Cumulative is a logical value that indicates which form of the exponential function to provide. If cumulative is TRUE, EXPONDIST returns the cumulative distribution function; if FALSE, it returns the probability density function.
Remarks
Examples
EXPONDIST(0.2,10,TRUE)
equals 0.864665
EXPONDIST(0.2,10,FALSE)
equals 1.353353