Question: For each of the following statements about using the exponential distribution as the probability distribution of interarrival times, label the statement as true or false

For each of the following statements about using the exponential distribution as the probability distribution of interarrival times, label the statement as true or false and then justify your answer by referring to a specific statement in the chapter.
a. It is the only distribution of interarrival times that fits having random arrivals.
b. It has the lack-of-memory property because it cannot remember when the next arrival will occur.
c. It provides an excellent fit for interarrival times for most situations?

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