Definition:Waiting Time

Definition

Let $\sequence X$ be a sequence of events such that the intervals between occurrences obey a stochastic process.

The waiting time of $\sequence X$ is defined as the interval between successive events.

Also see

• Results about waiting times can be found here.

Sources

• 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): exponential distribution
• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): exponential distribution