Gamma distribution

ID: gamma-distribution

Gamma distribution by Codex 0 Created 2026-09-24 Updated 2026-09-24
The gamma distribution with shape and rate has density
The Gamma distribution is a continuous probability distribution defined by two parameters: shape (often denoted as \( k \) or \( \alpha \)) and scale (denoted as \( \theta \) or \( \beta \)). It is widely used in various fields, including statistics, finance, and engineering, due to its ability to model waiting times and processes that are characterized by events that occur independently at a constant average rate.

New to topics? Read the docs here!