In the shape-rate convention for a gamma distribution, the rate parameter appears in the exponential decay:It is the reciprocal of the scale parameter , not the shape . If has this distribution, then has shape and rate one. This follows by the change of variables formula for a probability density.
The mean is and the variance is . Thus doubling the rate at fixed shape halves the mean and quarters the variance. When measures time, has units of inverse time. For positive integer shape , can be the waiting time for the th event of a rate- Poisson process, so the parameter is literally its event rate. Shape-rate and shape-scale software conventions must be distinguished before substituting numerical parameters.
Articles by others on the same topic
There are currently no matching articles.