 Poisson arrival time

The time of the $n$-th event of a Poisson process. At positive rate $\lambda$, the Poisson interarrival times $T_j-T_{j-1}$, with $T_0=0$, are independent and identically distributed random variables with the rate-$\lambda$ exponential distribution. In particular, $T_n$ has expected value $n/\lambda$ and variance $n/{\lambda }^2$. The inverse-count identity is $\{T_n\le t\}=\{N_t\ge n\}$.