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The exponential probability distribution is useful for describing the time it takes to complete random tasks. It can model the time between events like vehicle arrivals at a toll booth, time to complete a survey, or distance between defects on a highway. The distribution is defined by a probability density function that uses the mean time or rate of the process. It can calculate the probability that an event will occur within a certain time threshold, like the chance a car will arrive at a gas pump within 2 minutes. The mean and standard deviation of the exponential distribution are equal, and it is an extremely skewed distribution without a defined mode.










